VOL. XXXVIIINO. 821-NOVEMBER-1994
Financial and Banking News
Budgets & Revenues
Kuwait To Cut Project And Miscellaneous Spending By 25% In PresentYear
Kuwaiti Finance Minister Nasir 'Abd al-Allah al-Rudhan is proposing to reducegovernment spending on projects, equipment and miscellaneous items by 25% fromtheir budgeted allocations for the present financial year. The proposal willhave to be considered by the cabinet. Mr. Rudhan says that the cuts arenecessary to allow Kuwait to meet some...