NO. 22


Financial and Banking News

Budgets & Revenues

Kuwaiti Officials Ponder Ways Of Tackling Budget Deficit

It is not the health of Kuwait's foreign investments which is undermining theKuwaiti economy, but the chronic budget deficits and falling oil prices,according to Dr. Isma'il al-Shatti, Chairman of the Finance Committee at theKuwaiti parliament. In a recent lecture delivered in London, Dr. Shatti said thecountry's foreign investments, excluding those in...