VOL. XXXVII
NO. 51
19-SEPTEMBER-1994
Financial and Banking News
Budgets & Revenues
Kuwaiti Budget Shows Spending Restraint And Cautious Oil Income Forecast
The Kuwaiti budget for the present year, the full text of which was publishedin the Official Gazette on 28 August, shows a clear attempt to reduce spending,although the inclusion for the first time of the full defense allocation willresult in total expenditure exceeding last year's level. On revenue side, theprojections for oil income are...
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