MOFKW - Ministry of Finance (Kuwait)

MOFKW - Ministry of Finance (Kuwait)

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Last update: May 25, 2023 Last update: May 25, 2023
General
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Details

Office:Kuwait
Address:P.O. Box - 9 Safat
Contact person:
Phone(s):
Sectors:Macro-Econ. & Public Finance, Public Adm ...
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Macro-Econ. & Public Finance, Public Administration
Nr. of employees:501-1000
Types:Government Body
Government Body
Status:
Active

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Description

It is one of the ministerial formation bodies of the state’s administrative apparatus, which is entrusted with the executive general administration of public financial affairs in the State of Kuwait in the comprehensive sense. It supervises the public treasury, state property (public and private), and the areas of international economic cooperation, monetary investment, and compensatory deals projects. It also provides important services for public hospitality, housing for state employees, integrated financial systems services, public storage and procurement systems and other developmental automated systems for all financial sectors in the state's agencies. In addition to preparing draft general budgets, preparing final accounts for the state, setting rules for their implementation, monitoring follow-up, and supervising state revenues, including tax, financial stamps and their expenditures, in a specialty.

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