.:Middle East Online::Kuwait 2013/2014 budget projects deficit of 2.9 billion dinars:.:
"OPEC member Kuwait said on Wednesday it has issued the 2013/2014 budget, with spending projected at 21.0 billion dinars ($73.7 billion), slightly short of last year's record expenditure of 21.2 billion dinars.
The budget, issued by the emir in a decree because parliament is dissolved, projects a deficit of 2.9 billion dinars ($10.2 billion), much smaller than last year's estimated shortfall of $26 billion, the finance ministry said.
Kuwait's fiscal year runs between April 1 and March 31."
'via Blog this'
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