VOL. XLIV

No 33

13-August-2001

KUWAIT

NBKProjects Lower Revenues For Kuwaits FY2001-02 But Budget Surplus Of KD232Mn

Whileoil revenues in Kuwait are likely to be lower (on an annualized basis) for thefiscal year 2001-02 compared to the previous one, the country could stillexpect to report a budget surplus of KD232mn ($757mn), according to the latestreport issued by the National Bank of Kuwait (NBK). According to the NBKEconomic Brief Oil Market and Budget Developments, issued on 4 August, a...