Middle East Economic Survey
VOL. XLVII
No 51/52
20/27-December-2004
BUDGETS AND REVENUES
Al-Shall Warns That Current Kuwait Spending Requires $29/B Oil Price
Kuwaits public expenditure program under its current budget, standing at KD6.3bn ($21.4bn), requires the countrys crude to fetch a price of at least $29/B, with production running at around 2.2mn b/d, Al-Shall Weekly Economic Report said in its 11 December issue. This level of expenditure, the report said, required a funding level of around...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!