VOL. XL

No. 6

10-February-1997

KUWAIT

Withdrawals From Kuwait's Reserve Fund Higher Than Previously Thought

Since the Iraqi invasion of 1990, the Kuwaiti Government has withdrawn $80.76bn from the Reserve Fund for Future Generations - about $10bn more than previous estimates - according to Kuwait's official Audit Bureau. The Kuwaiti newspaper al-Anba quotes the head of the Bureau, Mr. Barrak al-Marzuq, as saying that the "money that has been withdrawn should be returned to the Fund and the...