Finance Minister Dr. Yaqoub Al-Rifai unveiled Tuesday the draft state budget for the fiscal year (2026-2027), projecting a fiscal deficit of KD 9.8 billion (approx. USD 31.9 billion), a sharp 54.7 percent rise over the current fiscal year's deficit. In a press statement issued on Tuesday, Al-Rifai estimated that the total expected revenues at KD 16.3 billion (about USD 53.1 billion), representing a 10.5 percent year-on-year decline. [...]