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Thursday, September 18, 2025 3:2 GMT
The final accounts of the State Financial Administration for fiscal 2023/2024 showed that the Ministry of Electricity, Water and Renewable Energy recorded a deficit of about KD3.573 billion (US$11.7 billion) due to the large gap between expenditures, according to the report. The newspaper raised the issue for discussion to find appropriate solutions to curb the annual billion-dollar deficit directed at electricity and water subsidies and improve the quality of services, achieving profitability...More