Middle East Economic Survey

VOL. LIII

No 22

31-May-2010

KUWAIT

Kuwait Realizes Budget Surplus Of $28Bn In 2009-10

Kuwait has ended its fiscal year 2009-10 (1 April 31 March) with an actual budget surplus of KD8.178bn ($28.2bn) before allocation of 10% of total revenue to the Reserve Fund for Future Generations (RFFG) and KD6.386bn ($22.0bn) after allocation to the fund, according to provisional figures published by the Kuwaiti Ministry of Finance. Total revenue during the year topped KD17.925bn...