VOL. XXXVII

NO. 48

29-AUGUST-1994

Financial and Banking News

Budgets & Revenues

Al-Shall Consultancy Puts Kuwait's Debt At $27.7Bn

Kuwaiti Government debt totals $27.7bn, according to the weekly report of thelocal Al-Shall Consultancy. Local debt accounts for the greater part of thetotal, both in the form of Government Debt Bonds and domestic treasuryinstruments. The Al-Shall report says that it is difficult to tell whether this levelof debt means that Kuwait has a net surplus or net debt on...