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Kuwait Reports $23Bn Actual Budget Surplus In 2010-11
Published on Monday, 16 May 09:54 am
Kuwait has yet again ended its fiscal year with an actual budget surplus, announcing a KD6.454bn ($23.4bn) surplus for 2010-11 (1 April – 31 March) after allocation of 10% of total revenue to the Reserve Fund for Future Generations (RFFG), according to provisional figures published by the Kuwait Ministry of Finance.
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