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...
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