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....