VOL. XLIV
No 44
29-October-2001
KUWAIT
S&P Sees Sizeable BudgetSurpluses For Kuwait In FY2001-02 And FY2002-03
Ratings agency Standard &Poors (S&P) has forecast that Kuwait will continue to record sizeablebudget surpluses in fiscal year (FY) 2001-02 and FY2002-03, given thegovernments substantial foreign exchange reserves and position as a netcreditor. In its analysis of the Gulf state published on 9 October, S&Psaid that the governments reform program should also help trim the...
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