According to this article in The Daily Star, Kuwait is expected to post a surplus of up to $26 billion in the current fiscal year which ends in March on the back of soaring oil prices, a local economic report forecast on Saturday. NBK's latest economic report also said that Kuwait's revenues would range between $47 billion and $50 billion, depending on the price of crude.
In another article, Jassem al-Saadun, head of Kuwait's Al-Shall Economic Consultants accused Kuwait and other Gulf states of using the surplus to buy political loyalty rather than spend it on much needed infrastructure projects. The recent salaray increases for non-productive government employees in Kuwait and Saudi Arabia are proof of this approach.
So where is the rest of the money going? And what do you think it should be spent on?