VOL. XLIII
No. 09
28-February-2000
KUWAIT
Kuwait Records 75% Rise In Q3 1999 Oil Revenues
The latest figures released by the Central Bank of Kuwait reveal oil revenues for Q3 1999 of KD907.3mn ($2,966mn) a 75% increase over the equivalent 1998 figure and 75% higher than Q3 figures for 1997. While the aggregate figure for oil revenues for the first three quarters of 1999 of KD2,095.3mn ($6,849.6mn) does not exceed the KD2,787.3mn ($9,111.8mn) of 1997 for the equivalent period, it is 15.75%...
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