Country sees non-oil revenue at around KD4bn in the last year of a four-year development plan
Kuwait hopes to earn up to KD4bn ($14bn) in non-oil revenue in 2014, the
final year of a four-year development plan, the deputy prime
minister for economic affairs said on Monday.
"It will be almost 3.8 to 4 billion (dinars) in the fourth
year of the plan," Sheikh Ahmad al-Fahad al-Sabah told reporters
on the sidelines of an economic forum.
The Gulf Arab state's parliament approved a KD30bn ($104.3bn) four-year development plan in February aimed at
decreasing its dependence on oil, and boosting private sector
participation in projects.
Kuwait is the world's fourth-largest oil exporter and the
plan includes investment in raising oil and natural gas