VOL. XXXV
NO. 19
10-FEBRUARY-1992
Financial and Banking News
Economic Policy
Kuwaiti Assembly Approves Pay Hike for Government Employees
The Kuwaiti Assembly has approved a government proposal to increase thesalaries of government employees by 25%, effective from March. Before theIraqi invasion in August 1990, government figures showed that 92.5% of the theKuwaiti labor force was employed by the government and the percentage isunlikely to have shrunk since then. The pay rise was proposed by the...
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