Middle East Economic Survey
VOL. XLVII
No 41
11-October-2004
BUDGETS AND REVENUES
Kuwaits 2003-04 Budget Realizes $4.8Bn Surplus
The Kuwaiti budget for 2003-04 realized a surplus of KD1,414mn ($4,793bn), according to closed account figures published in National Bank of Kuwaits (NBK) Economic Brief of 6 October. The realized surplus was largely expected given the high level of oil prices in the period, and the unrealistically low oil price assumption of $15/B used to estimate the budget (MEES, 11...
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!