Financial and Banking News

BUDGETS AND REVENUES

Kuwait Parliament Approves 1985-86 Budget 

The Kuwaiti draft budget of KD3.116bn ($10.36bn) for fiscal 1985-86, which was approved by the National Assembly on 15 July, is 3.4% down on last year's budget of KD3.227bn ($10.73bn). Full details of the new budget are not available yet.