Middle East Economic Survey
VOL. XLVIII
No 35
29-August-2005
KUWAIT
Kuwait Realizes Big Budget Surplus In 2004-05
Kuwait had an actual budget surplus of KD2,646mn ($9,065mn $1 = KD0.292) in 2004-05, according to the closed accounts which were discussed by the cabinet last week, prior to their submission to parliament. Finance Minister Badr al-Humaidhi announced that actual total revenue stood at KD8,962mn and actual total expenditure at KD6,315m, with the resulting surplus allocated in the amount...
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