Monday 21 April 2014
 
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Economic Brief

Kuwait Q2 trade surplus narrows on oil prices

After soaring to a record-high of KD7.3 billion ($25.8 billion) in the first quarter of the year, Kuwait’s trade surplus narrowed to KD 6.6 billion in the second quarter on lower oil export receipts and a rising imports bill, a report said

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Kuwait budget surplus hits record $46bn

Kuwait’s closing public finances data for fiscal year 2011-12 revealed a record surplus of KD13.2 billion ($46.7 billion) before transfer to the reserve fund, a report said. This was mostly due to higher oil prices, which averaged

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