| OPEC member Kuwait is headed for its 14th consecutive year of budget surplus thanks to strong oil prices and high production, an economic report said on Sunday.
The oil-rich Gulf state is expected to post a surplus of between 9.8 billion dinars ($34.8 billion) and 12.8 billion dinars ($45.4 billion) in the current 2012/2013 fiscal year, the National Bank of Kuwait said. The projections were based on an average oil price of between $104 and $107 a barrel for Kuwaiti crude, the NBK report said..............................................Full Article: Source
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