VOL. XLI

No. 04

26-January-1998

KUWAIT

Kuwait Allocates $1,439Mn Of 1996-97Budget Surplus To Reserve Fund

The Kuwaiti Minister of Finance, Mr.Nasir al-Rudhan, said on 18 January that the government hasallocated KD439mn ($1,439mn) of the actual budget surplus ofKD502mn ($1,646mn) for 1996-97 to the Reserve Fund for FutureGenerations (RFFG). Responding to parliamentary questions, Mr.Rudhan said that in 1996-97 actual revenues reached KD4,391mn($14,397mn) and actual expenditures totaled KD3,889mn...