VOL. XXXVII

NO. 1

4-OCTOBER-1993

Financial and Banking News

FINANCIAL POLICY

Kuwait To Extend Telephone Charges

Kuwait is to introduce charges for local telephone calls next year, but thecharges will be low and will apply only to calls which exceed a certain periodof time. At present, the state telephone company makes charges only oninternational calls. The cost of local calls is expected to be largely symbolic,but is an indication that the Kuwaiti Government wants to broaden its non-oilrevenue...