Kuwait’s trade surplus hits KWD 1.9bn in 7M

Mubasher: Kuwait registered a trade balance surplus during the first seven months of the fiscal year 2018/2019, against a deficit in the same period of the previous year, according to recent data released by the ministry of finance.

The GCC nation’s trade balance surplus amounted to KWD 1.9 billion ($9.3 billion) in the seven-month period ended October, versus a deficit of KWD 2.3 billion ($7.6 billion) in the same period a year earlier.

Kuwait’s fiscal year starts in April and ends on 31 March.

Mubasher Contribution Time: 27-Nov-2018 14:41 (GMT)
Mubasher Last Update Time: 27-Nov-2018 14:44 (GMT)