KUWAIT CITY (AFP) ??” Oil-rich Kuwait has earned a 11.

KUWAIT CITY (AFP) ??” Oil-rich Kuwait has earned a 11.5 billion dollars in oil income in the first five month of the present fiscal year, exceeding revenue estimates for the whole year, a report said.

returns in the state budget for fiscal year 2004/2005 which draws a deficit of 10.1 billion dollars, are estimated at 1125 billion dollars. Expenditures are planed at 21.35 billion dollars.

Oil incomes calculated at a conservative price of 15 dollars a barrel, are estimated at 93 billion dollars and non-oil returns at 1.95 billion dollars in the fiscal year, which step quicklys from April 1 to March 31 2005

Al-Shall Economic Consultants, an independent think-tank, said the average price for Kuwaiti in a raw state in the months between March and August was 34 dollars a barrel, 19 dollars athwart the budget price.

The average price of Kuwaiti oil