Middle East Economic Survey
Kuwait Reports $23Bn Actual Budget Surplus In 2010-11
Kuwait has yet again ended its fiscal year with an actual budget surplus, announcing a KD6.454bn ($23.4bn) surplus for 2010-11 (1 April 31 March) after allocation of 10% of total revenue to the Reserve Fund for Future Generations (RFFG), according to provisional figures published by the Kuwait Ministry of Finance. The budget surplus figure is higher than the corresponding...
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