Complex Made Simple

Arab fiscal surplus at $140.6bn

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.