VOL. XLVI
No 32
11-August-2003
KUWAIT
BUDGETS AND REVENUES
Kuwait Unveils Budget For FY 2003-04
The Kuwaiti Government is forecasting a budget deficit of KD2,625mn ($1=KD0.299) for the 2003-04 fiscal year, which runs from 1 April-31 March, the official gazette, Kuwait al-Yaum, of 20 July reported. The budget, which is designated as Law 82 and was signed on 13 July, envisages total expenditure of KD5,824mn, with a total revenue of KD3,555mn, with the 10% allocated for the Reserve Fund for Future...
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