(MENAFN) The National Bank of Kuwait said the country is expected to record a budget surplus of USD48.9 billion in the fiscal year ending next March, Times of Oman reported.
The said surplus will be achieved if the country maintains spending at between 5 percent and 10 percent less than forecasts.
Revenue for the fiscal year is expected to be between USD113 billion and USD115.5 billion.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.