Financial and Banking News
BUDGETS AND REVENUES
Kuwaiti Budget May Increase Development Spending
The Kuwaiti Government budget for 1988/89 may incorporate a "very smallincrease" in development spending, with overall expenditure remainingabout the same, according to an interview given by the Minister of Finance, Mr.Jasim al-Khurafi. He also said that this year's deficit, which was projected atKD1.4bn in the 1987/88 budget, would indeed turn out to be at the forecast...