Kuwait’s 2001 budget recorded $3.7 billion surplus

Published January 3rd, 2002 - 02:00 GMT
Al Bawaba
Al Bawaba

A recently published economic report by the National Bank of Kuwait shows that the Kuwaiti General Budget recorded a 1.15 billion Kuwaiti Dinar ($3.7 billion) surplus in the first half of 2001/2002 fiscal year, reported Al-Bayan. This figure translates into a KD 783 million decrease compared with the budget surplus recorded in the first half of the previous fiscal year. Earlier forecasts predicted a KD 721 million budget deficit for the first half of the present fiscal year. — (menareport.com)

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