NO. 28


Financial and Banking News

Budgets & Revenues

Kuwait Central Bank Says It Will not Pay Gulf War CompensationClaims

The Governor of the Central Bank of Kuwait, Shaikh Salim 'Abd al-'Aziz al-Sabah,has denied reports that the bank will pay compensation claims arising from theGulf war. Delays in the resumption of Iraqi oil exports, which will fundreparation claims, had led to speculation in Kuwait that the government wouldstep in and pay the claims itself. The...