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Arab fiscal surplus at $140.6bn
- United Arab Emirates: Sunday, December 30 - 2007 at 13:44
The Arab region's fiscal surplus hit record levels in 2006 according to figures published by the Abu Dhabi based Arab Monetary Fund and cited by Emirates Business 24/7. The total hit $140.6bn last year and Saudi Arabia alone accounted for more than half of this, with a fiscal surplus of $74.7bn. Kuwait provided a surplus of $23.5bn, while the UAE generated an excess of $19.7bn.
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Jonathan Sheikh-Miller, Deputy EditorSunday, December 30 - 2007 at 13:44 UAE local time (GMT+4)
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