FINANCIAL NEWS

Kuwait budget surplus expected to be at USD48.9 b

21 Oct 2013

(MENAFN) The National Bank of Kuwait said the country is expected to record a budget surplus of USD48.9 billion in the fiscal year ending next March, Times of Oman reported.

The said surplus will be achieved if the country maintains spending at between 5 percent and 10 percent less than forecasts.

Revenue for the fiscal year is expected to be between USD113 billion and USD115.5 billion.

More News

This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more