Financial and Banking News
BUDGETS AND REVENUES
Kuwaiti Government Oil Revenues Drop 31% to $5.6bn in 1988
According to figures derived from official sources, the Kuwaiti Government'soil revenues declined by 31.4% to the equivalent of $5,578.9mn during the 1988calendar year. This level is still some 12% higher than the government's oilrevenues during 1986. The oil revenue figures are obtained by converting KD-denominatedoil revenue figures published by the Ministry...