VOL. XXXVII

NO. 2

11-OCTOBER-1993

Financial and Banking News

BUDGETS AND REVENUES

Recent IMF Report On Kuwait Optimistic On Economic Potential

An IMF staff report prepared earlier this year presented a generally upbeatview of Kuwait's balance of payments outlook. The report also expressed manyreservations about current Kuwaiti financial policy, but its belief that Kuwaitcould run current account surpluses in 1993-1996, with the overall balancemoving into surplus in 1996, is much more optimistic...