Middle East Economic Survey
VOL. LIII
No 10
8-March-2010
KUWAIT
Kuwaits Budget Surplus Widens Because Of Higher Oil Prices
Kuwaits budget surplus widened to KD8.02bn ($27.8bn) in the first 10 months of fiscal year 2009-10 (before allocation of 10% of total revenue to the Reserve Fund for Future Generations RFFG) due to higher-than-forecast oil prices, according to latest statistics from the Kuwaiti Ministry of Finance. Total revenue in the first 10 months of the fiscal year ending in March...
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