VOL. XLII
No 45
8-November-1999
KUWAIT
NBK Expects Kuwaits Economy To Grow Well Into 2000
According to the latest figures released by the NationalBank of Kuwait (NBK), prospects for the Kuwaiti economy are looking good andgrowth is expected to continue well into the year 2000 as the budgetarysituation improves due to "strong monetary fundamentals." Rising oilprices according to NBK the price for Kuwait export crude was 72% higher inSeptember than it was in the previous year ($21.30/B compared to...
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