If anything, recently published results relating to fiscal year 2011-12 that ended in March suggest a continuation of ultra-conservative fiscal practices in Kuwait. For the 13th year in a row, the budget ended in a surplus.
In fact, the rule of thumb remains that of having a reversed formula at the end of the day, with a projected deficit turning into a surplus on the back of rising oil income.
Similar to that of Qatar, the fiscal year in Kuwait starts in April, though with no obvious advantages.
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