VOL. XXXV

NO. 40

6-JULY-1992

Kuwait

Oil Reconstruction Cost Put at $6.8bn

The Kuwait Government's reconstruction plan for the oil sector, covering thefour-year period 1992-95, will cost an estimated KD1,915mn ($6.8bn at thecurrent rate of exchange of 1KD=$3.42), according to a report published by theNational Bank of Kuwait (NBK) in its quarterly bulletin the Economic &Financial Quarterly, 2Q 1992.

The report states that the restoration of Kuwait's production and refiningcapacity to the...