Monday, September 28, 2026
spot_imgspot_imgspot_imgspot_img
HomeGULFKuwaitKuwait Begins 2027–2028 Development Plan with Six Key Priorities

Kuwait Begins 2027–2028 Development Plan with Six Key Priorities

Kuwait has begun preparations for its 2027–2028 annual development plan, with the Supreme Council for Planning and Development calling on ministries and government agencies to submit proposals for projects to be included in the new framework by August 23. Authorities said priority will be given to projects that support the country’s wider economic reform and development goals rather than routine operational activities.

The new development plan will focus on six key priorities: diversifying national sources of income, ensuring economic sustainability, improving public spending efficiency, strengthening Kuwait’s investment environment, increasing private-sector participation in development and expanding the use of renewable energy sources. The priorities are aimed at strengthening the country’s economic foundations while reducing unnecessary government expenditure.

Authorities have also organised a workshop for representatives of government departments to explain the requirements and procedures for preparing project proposals. The new framework is expected to support more accurate government budgeting, improve resource allocation and create new investment opportunities while contributing to Kuwait’s long-term economic stability and sustainable growth.

spot_img
spot_img
RELATED ARTICLES

China launches new batch of low-orbit internet satellites

China launched a Long March-8A carrier rocket from the southern island province of Hainan on Wednesday, successfully sending a batch of low-orbit internet satellites...

Banks to remain open on September 27 ahead of proposed three-day strike

All public sector banks and Regional Rural Banks will remain open on Sunday, September 27, as the government takes measures to minimize disruption ahead...

Hyundai recalls Ioniq 9 electric SUVs over power-seat entrapment risk

Hyundai is recalling 5,360 2026 Ioniq 9 electric SUVs in the United States over a potential safety defect involving the second-row power-folding seats. According to...
- Advertisment -
Google search engine

Most Popular

Recent Comments

error: Content is protected !!