Middle East Economic Survey
VOL. XLVII
No 27
05-July-2004
BUDGETS AND REVENUES
Kuwait Budget For 2004-05 Projects $11Bn Deficit, But Surplus Likely To Be Realized
The Kuwaiti parliament on 29 June approved the state budget for 2004-05, which forecasts a deficit of KD3.2bn ($10.88bn). Expenditures are set at KD6.2bn ($21bn) while revenues are forecast at KD3.3bn ($11.2bn), leaving a deficit of KD2.9bn ($9.8bn). However, the deficit rises to KD3.2bn as a result of the legally mandated deduction of...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!