Kuwait Constitution

Article 139
The financial year shall be fixed by law.

Article 140
The Government shall draw up the annual budget, comprising the revenue and expenditure of the State, and submit it to the National Assembly, for examination and approval, at least two months before the end of each current financial year.

Article 141
The budget shall be discussed in the National Assembly Part by Part. None of the public revenues may be allocated for a specific purpose except by law.

Article 142
Law may appropriate specific funds for more than one year if the nature of the expenditure so requires, provided that each budget shall include the funds allocated for that year, or alternatively, an extra-ordinary budget covering more than one financial year shall be drawn up.

Article 143
The budget law may not include any provisions establishing a new tax, increasing an existing tax, amending an existing law, or evading the issue of a special law on a matter in respect of which the Constitution provides that a law should be issued.

Article 144
The budget shall be issued by a law.

Article 145
If the budget law has not been promulgated before the beginning of the financial year, the preceding budget shall be applied until the new one is issued and revenues shall be collected and disbursements made in accordance with laws in force at the end of the preceding year.

Article 146
Any expenditure not included in the budget, or in excess of the budget appropriations, as well as the transfer of any fund from one Part of the budget to another, shall be effected by law.

Article 147
Ion no case shall the maximum estimate of expenditure, included in the budget law or the laws amending it, be exceeded.

Article 148
Law shall specify the general budgets, both independent and annexed, to which the provisions regarding the budget of the State shall be applied.

Article 149
The final accounts of the financial administration of the State for the preceding year shall be submitted, within four months following the end of the said year, to the National Assembly for consideration and approval.

Article 150
The Government shall submit to the National Assembly, at least once during each ordinary session, a statement upon the financial position of the State.