Financial and Banking News
BUDGETS AND REVENUES
Kuwait's GDP Recovers Well After Iraqi Invasion
Kuwait's gross domestic product (GDP - measured in current prices) reboundedto KD6,367mn ($21,146mn) in 1992, roughly the same level as that recorded duringthe mid-1980s. Figures from the Ministry of Planning (which are consistent withthose released a few months ago by the Central Bank of Kuwait) show that therecovery of Kuwaiti GDP is due mainly to a revival of oil and gas...