Kuwaiti public sector employees salaries included in Kuwait’s budget jumped by KD 4 billion in the past 10 years.
Kuwait , Kuwait
18 March 2021, 12:00 AM
31 March 2021, 12:00 AM
The total salaries paid to public sector employees included in Kuwait’s budget jumped by KD 4 billion in the past 10 fiscal years (2009/2010 to 2018/2019), according to Al-Anbaa reports.
Salary increased from KD 3.2 billion to KD 7.2 billion at a compound annual rate of 9.5 percent.
This means around KD 52 billion has been paid in salaries to workers in government entities during the past 10 years.
A local study revealed consumption and spending by citizens and expats in Kuwait and abroad during the past 10 years (2010 to 2020) shows that high salaries in the government and private sectors, in addition to facilities given by Kuwaiti banks, are the main spending motivators.