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UAE Arabia > Finance > Finance Faces Scrutiny Over KD 75.5 Million Debt Neglect – ARAB TIMES
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Finance Faces Scrutiny Over KD 75.5 Million Debt Neglect – ARAB TIMES

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Published: November 19, 2023
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KUWAIT CITY, Nov 19: The Audit Bureau has uncovered that the Ministry of Finance neglected to collect or settle government debts amounting to 75.5 million dinars, violating budget implementation rules. The report for the fiscal year 2022/2023 also highlights a mere 5.3% collection rate of tax dues rolled over from previous years, totaling 342,834,142 dinars. The Ministry faces scrutiny for holding balances rolled over from previous fiscal years,…



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