NO. 16


Financial and Banking News

Budgets & Revenues

Central Bank of Kuwait's Foreign Assets Reach 21-Month High

The foreign assets of the Central Bank of Kuwait reached a 21-month high ofKD833.6mn at the end of December, according to the balance sheet publishedrecently in the official gazette, Kuwait al-Yom. The December figure, althoughonly marginally up on November, was the ninth consecutive monthly rise in thisindicator. After the first quarter of 1988, the...