VOL. XLIV

No 49

3-December-2001

KUWAIT

KuwaitiCrude Set To Average $19-20/B In FY2001-02 With Deficit Of KD152-272Mn, SaysNBK

Inits latest Economic Brief issued on 27 November, National Bank of Kuwait(NBK) says that Kuwait export crude is likely to average $19-20.4/B in thecurrent fiscal year 2001-02 (ending 31 March 2002), while government revenue isprojected to reach KD4.48-4.7bn ($14.6-15.3bn), eliminating any prospects of asurplus for the year. NBK says that if the government keeps...