VOL. XXXVII

NO. 32

9-MAY-1994

Financial and Banking News

Budgets & Revenues

Kuwait's Parliamentary Committee Calls For Smaller Budget Deficit

The Economic and Finance Committee of Kuwait's National Assembly is callingfor electricity charges to be doubled and a flat charge to be introduced forhospital treatment in order to reduce the country's budget deficit, which isprojected to rise to KD2,107mn ($7,070mn) in the forthcoming year. Thecommittee's proposals are contained in a memorandum...