VOL. XXXII

NO. 28

17-APRIL-1989

Financial and Banking News

BUDGETS AND REVENUES

Kuwaiti Budget Deficit Widens in First Half 1988/89

The budget deficit of the Kuwaiti Government has widened during the firsthalf of the current fiscal year, equivalent to the period July-December 1988.According to figures recently published by the Central Bank of Kuwait, thestrictly-defined budget deficit for the first half of the 1988/89 fiscal yearwas KD221.7mn. During the equivalent period last year the government...