Kuwait had a preliminary budget surplus of 5.6 billion dinars ($19.9 billion) in the first seven months of the fiscal year ending in March 2011, the Finance Ministry said.
State income was 11.5 billion dinars, or 118.7 percent more than projections, and spending was 5.9 billion dinars, according to data posted on the ministry’s website today. About 10 percent of revenue will be saved in the Reserve Fund for Future Generations.
Oil revenue was 10.9 billion dinars in the seven months to Oct. 31 while non-oil revenue was 655.3 million dinars, the data showed.
No comments:
Post a Comment