VOL. XXXVI

NO. 32

10-MAY-1993

Financial and Banking News

BUDGETS AND REVENUES

Rudhan Projects Conservative Oil Revenue At $8.6bn/Year Until 1996/97

The Kuwaiti Minister of Finance, Mr. Nasir 'Abd Allah al- Rudhan, has givensome conservative estimates for Kuwait's oil revenues in the four-year period upto 1996/97. In an answer to a parliamentary question last week, Mr. Rudhan toldthe Kuwaiti parliament that oil revenue is projected to stay constant at KD2.5bn($8.6bn) over the next four years, based...