Kuwait posts $9.54 bln budget surplus

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Kuwait posted a budget surplus of 2.74 billion dinars ($9.54 billion) for the fiscal year ended March 2009 on higher than forecast oil revenues, official data showed.

Revenues in the world's fourth-largest oil exporter were a little over 21 billion dinars in the year to March 31, while expenditure was 18.26 billion dinars, Finance Ministry data showed.

Revenues were substantially above a budget forecast of 12.68 billion dinars.