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Kuwait budget surplus widens to 292bn |
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Saturday, 08 October 2011 03:39 |
Kuwait: According to figures by Kuwait's finance ministry, the Gulf country's budget surplus rose to KD8.1bn ($29.2bn) in the first five months of
its 2011/12 fiscal year, on higher-than-expected oil revenue and lower spending, Reuters has reported. Revenue of the world's sixth-largest oil exporter stood at KD11.9bn in April-August, while spending came at KD3.7bn, below a projected KD8.1bn, the data showed. [AMEInfo.com]
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