Public Sector Payroll To Hit KD13 Bn In The Next Three Years
Category: Kuwait
public-sector-payroll-to-hit-kd13-bn-in-the-next-three-years_kuwait

The total amount of salaries paid to employees in the public sector is expected to increase to KD 13 billion in the next three years double of last year’s KD 6.2 million. A report published by arabianbusiness. com recently revealed that the Kuwaiti government has expressed concern over the payroll for workers in ministries and other public institutions, taking into consideration the budget deficit that has resulted from the decline in oil prices.

According to the report, the public sector pay in three years’ time will be equivalent to 70 percent of the State budget for 2016 estimated at KD 19 billion. The report added the salaries of employees in ministries increased six-fold in the past 24 years.

 

SOURCE : ARABTIMES

25 Aug, 2016 0 3481
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