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Kuwait Closes 2010-11 Budget With $19Bn Surplus
Published on Monday, 26 Sep 07:00 am
Kuwait closed its fiscal year 2010-11 (1 April 2010-31 March 2011) with a remarkable surplus of KD5.3bn ($19.20bn) before the transfer to the Reserve Fund for Future Generations (RFFG), noted the National Bank of Kuwait (NBK) in its Economic Brief of 20 September.
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