Kuwait is likely to post a healthy budget surplus of up to 21 billion dollars this fiscal year on the back of higher oil prices, a local bank said on Wednesday, although the government has projected a huge deficit.
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Kuwait to post healthy surplus this year
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May overshoot budget fiscal deficit aim:
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Budget will focus on growth:
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Kuwait considers $6 billion consumer debt bailout
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The budget is near
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Current account deficit widens to USD 1.6bn in November.
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South Korea records current account surplus
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Kuwait considering to boost investments in China, India
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BC government deficit to rise by $313 million
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Bipartisan deficit plan could save almost $5.9 trillion
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Banks in UAE enjoy strong financial position
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Kuwaiti dinar stabilizes to 0.274 per dollar
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Cuts may not be enough for surplus:
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Treasury predicts persistent cash deficits
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Fiscal regime on oil exploration is vital --
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Kuwait Fund disburses five million dollars
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Govt sees $16.4bln in new savings ahead