VOL. XXXIX

No. 33

13-May-1996

KUWAIT

Kuwait Committed To Elimination Of Budget Deficit By 2000

The Kuwaiti Minister of Finance, Mr. Nasir al-Rudhan, has confirmed that the 1996-97 draft budget starting on 1 July, which has now been finalized in detail, will be a step towards achieving the government's objective of eliminating the budget deficit by 1999-2000. In an interview with the London Arabic-language daily Asharq al-Awsat of 8 May, Mr. Rudhan said that draft budget is proposing a...