Financial and Banking News
BUDGETS AND REVENUES
Kuwait Issues Budget Details for Present Year
Kuwait's budget for 1992/93, details of which have just been published in theOfficial Gazette, shows an 18% rise in ministerial expenditure compared to1991/92 when unallocated and exceptional expenditure is excluded. The mainbeneficiaries are the Ministries of Health, Education, Public Works, andElectricity and Water. Nevertheless, spending by the ministries remains below...