AIRLINK 75.10 Increased By ▲ 1.40 (1.9%)
BOP 4.94 Increased By ▲ 0.04 (0.82%)
CNERGY 4.43 Decreased By ▼ -0.09 (-1.99%)
DFML 43.40 Decreased By ▼ -1.48 (-3.3%)
DGKC 84.90 Decreased By ▼ -0.60 (-0.7%)
FCCL 21.15 Decreased By ▼ -0.25 (-1.17%)
FFBL 32.36 Decreased By ▼ -0.15 (-0.46%)
FFL 9.54 Decreased By ▼ -0.05 (-0.52%)
GGL 10.19 Decreased By ▼ -0.08 (-0.78%)
HASCOL 7.02 Decreased By ▼ -0.11 (-1.54%)
HBL 114.65 Decreased By ▼ -0.05 (-0.04%)
HUBC 138.60 Decreased By ▼ -0.50 (-0.36%)
HUMNL 12.15 Decreased By ▼ -0.27 (-2.17%)
KEL 4.99 Decreased By ▼ -0.04 (-0.8%)
KOSM 4.43 Decreased By ▼ -0.02 (-0.45%)
MLCF 37.15 Decreased By ▼ -0.45 (-1.2%)
OGDC 134.60 Decreased By ▼ -2.20 (-1.61%)
PAEL 25.39 No Change ▼ 0.00 (0%)
PIBTL 6.66 Decreased By ▼ -0.03 (-0.45%)
PPL 119.80 Decreased By ▼ -1.20 (-0.99%)
PRL 26.45 Decreased By ▼ -0.14 (-0.53%)
PTC 14.00 Decreased By ▼ -0.10 (-0.71%)
SEARL 56.80 Decreased By ▼ -0.50 (-0.87%)
SNGP 66.92 Decreased By ▼ -1.08 (-1.59%)
SSGC 10.30 Decreased By ▼ -0.12 (-1.15%)
TELE 8.33 Decreased By ▼ -0.12 (-1.42%)
TPLP 10.92 Decreased By ▼ -0.06 (-0.55%)
TRG 63.00 Decreased By ▼ -0.34 (-0.54%)
UNITY 26.92 Decreased By ▼ -0.13 (-0.48%)
WTL 1.35 Decreased By ▼ -0.03 (-2.17%)
BR100 7,909 Decreased By -31.9 (-0.4%)
BR30 25,417 Decreased By -230.7 (-0.9%)
KSE100 75,272 Decreased By -245.4 (-0.32%)
KSE30 24,185 Decreased By -92.3 (-0.38%)

KUWAIT: Kuwait recorded a budget surplus of 6.368 billion dinars ($20.76 billion) in the fiscal year that ended on March 31, its first in nine years, the finance ministry said on Wednesday.

Oil revenues reached 26.713 billion dinars, a 64.7% increase from the 2021/2022 fiscal year.

The average oil price for the fiscal year was $97.1 a barrel.

Oil revenues made up nearly 93% of total revenues of 28.802 billion dinars, while non-oil revenues dropped 12.8% from a year earlier to 2.089 billion dinars, the ministry said.

Total expenditure was 22.369 billion dinars, 2.6% lower than a year earlier, it added.

Salaries and wages still made up more than half of state spending at 12.977 billion dinars, though were about 2% below the previous fiscal year.

Comments

Comments are closed.