VOL. XLV

No 26

1-July-2002

KUWAIT

Negative Return On Kuwaits Foreign InvestmentsIn 2000-01

The return on Kuwaits overseas investments was -15% in thefiscal year 2000-01 ending on 31 March 2001,with a loss of KD2.507bn ($8.26bn),according to a report by the Audit Bureau on the performance of theKuwait Investment Authority (KIA) published in the Kuwaiti weekly al-Tali'ah inits 15-21 June issue. The report on the KIA, which is in charge of managing Kuwaits foreign investments from theReserve Fund...