Financial and Banking News
BUDGETS AND REVENUES
Government Spending Rises in Kuwait in 1988/89
Figures recently published by the Central Bank of Kuwait show that thegovernment's current spending was running 6% higher during the first nine monthsof fiscal 1988/89 than during the equivalent period in the previous financialyear. This indicates a real increase in spending over and above the domesticrate of inflation, which was 1.7% during the same period. Current...