NO. 42


Financial and Banking News

Kuwaiti Finance

Kuwait's Council Proposes KD20,000 for Each Family

Kuwait's Consultative Council has proposed that every Kuwaiti family receiveKD20,000 ($69,000) as compensation for suffering caused by the Iraqi invasion.Half of the money would be a grant and half a long-term interest free loan. Thecouncil, which has no executive power, has asked the Government to give theproposal urgent consideration. The move has been interpreted as an...