VOL. XXXII
NO. 17
30-JANUARY-1989
Financial and Banking News
BUDGETS AND REVENUES
Kuwait Records Deficit in First Fiscal Quarter
The Kuwaiti Government has recorded a big increase in its public financedeficit during the first quarter of the current fiscal year, equivalent to theperiod July-September 1988. According to figures published by the Central Bankof Kuwait, the deficit during this first fiscal quarter was KD154mn, comparedwith a surplus of KD287mn during the equivalent period of last year....
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