What Is The Projected Deficit For 2024. The oil price in kuwait’s budget for next year must reach $91.00 per barrel. The projected $1.5 trillion federal budget deficit for 2024 is $188 billion less than the shortfall recorded last year.
Real gdp growth comes to a halt in 2023 and then. The deficit reduction in the budget increases over time, with over $500 billion of deficit reduction in 2034.