VOL. XLI

No. 19

11-May-1998

KUWAIT

Some Details On Kuwait's Reserves

On 4 May the daily newspaper al-Watan gave details of official Kuwaiti reserves- the first time that the scale of Kuwait's financial assets has been made public. In itscoverage of the National Assembly sessions held in camera to examine the performance ofthe state's reserves, the newspaper said that the value of the Reserve Fund for FutureGenerations (RFFG) was KD12,009mn ($39,322mn) and that the General Reserve stands at...