Kuwait budget surplus doubles
Kuwait: Wednesday, April 16 - 2008 at 11:49
Kuwait's Ministry of Finance said the country posted a preliminary budget surplus of 11.4 billion dinars ($42.9bn) for the last fiscal year, more than double the previous year, reported Bloomberg. Government revenue was 18.9 billion dinars in the fiscal year ending in March, of which 17.7 billion dinars, or 94%, was from oil sales, the ministry said. Expenditures were 7.5 billion dinars.
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Jeff Florian, Senior ReporterWednesday, April 16 - 2008 at 11:49 UAE local time (GMT+4)
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