VOL. XXXVII

NO.6

8-NOVEMBER-1993

Financial and Banking News

Financial Policy

Rudhan Raises Possibility Of Taxes To Reduce Government Deficit

Kuwaiti Finance Minister, Mr. Nasir al-Rudhan, has raised the possibility ofintroducing taxes and curtailing free welfare services as a way of closing thecountry's budget deficit. In an interview with the local daily al-Siyasah on 1November, Mr. Rudhan said that government revenues cannot be significantlyincreased, so "what is important is lowering the...