KUWAIT

KPC's Revenues Estimated to Fall by 28% in 1986-87 

Draft Budget The Kuwait Petroleum Corporation's revenues in the draft budget for fiscal 1986-87 (1 July 1986-30 June 1987), which is before the National Assembly (parliament), are expected to drop by 28% to KD2,501,411,000 ($8,728.8mn at the cur- rent rate of exchange of lKD=$3.49), compared with FY1985- 86 budget revenues of KD3,472,997,000 ($12,117.9mn), ac- cording to figures recently published in the Kuwaiti press....