Mubasher: Kuwait’s Ministry of Finance (MoF) has raised around KWD 6.7 million ($22.1 million) from the sale of residential, commercial, and industrial assets owned by the nation.

The auction, held on Monday, 8 April, was the ministry’s first one in fiscal year 2019/2020, the MoF said on Twitter.

The auctions are announced in the state’s official gazette and are carried out to sell state-own properties.