VOL. XLIV

No 41

8-October-2001

KUWAIT

NBK Says Kuwait Reported Largest Budget Surplus InFY2000-2001

In its latest economic brief,National Bank of Kuwait (NBK) reported that the closing accounts of the Kuwaitibudget for FY2000-2001 revealed a KD1.78bn ($5.84bn) surplus before allocationto the Reserve Fund for Future Generations (RFFG see Tables below). (Afterthe RFFG allocation, the surplus was reduced to KD1.28bn $4.2bn) In astatement issued on 3 October, NBK noted that the surplus for the...