Financial and Banking News
BUDGETS AND REVENUES
Kuwait Central Bank's Foreign Asset at 15-year Low
The foreign assets of Kuwait's Central Bank have dropped to the lowest levelsince 1973, according to figures published in the official gazette recently,with the monthly balance sheet for December showing that total foreign assetshave fallen to KD399.4mn, compared with KD914.4mn at the end of 1987. Thebalance sheet also shows that as of the end of December the Central...