VOL. XXXVII
NO. 43
25-JULY-1994
Financial andBanking News
Economic Policy
Shaikh 'Ali Khalifa Offers Appraisal Of Kuwait's Financial Policies
In a wide ranging assessment of financial and petroleum policy in Kuwait,Shaikh 'Ali Khalifa al-Sabah, the former Minister of Oil and Minister ofFinance, has questioned whether higher local fees and taxes would be anappropriate way of closing the budget deficit and bemoaned the lack ofconfidence in the Kuwaiti economy which he said had led to $15bn in flight...
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