Kuwait revenues boom
Kuwait reported a record $47 billion in revenues in the fiscal year ending March 31, a recent report has indicated, quoting finance ministry figures. The revenues advanced by 54 per cent on $30.5 billion the previous year, the Al-Shall Economic Consultants said, according to AFP.
They were also three times higher than budget estimates of $15.7 billion. Oil revenues increased 60 per cent to $44.4 billion.