VOL. XLII

No. 29

19-July-1999

KUWAIT

Kuwaiti Economic Management Still The Victim Of PoliticalDiscord Despite Reform Decrees

Despite the formation of a new Kuwaiti government on 13 Juneand the recent issuing of some 60 Amiri decrees pertaining mainly to economicreform, progress in improving Kuwaiti economic management is expected to beslow. The latest Kuwaiti budget for fiscal year 1999-2000 (commencing on 1July), passed by Amiri decree and published in the 15 July issue of the Kuwaitofficial...