VOL. XXXVI

NO. 39

28-JUNE-1993

Financial and Banking News

BUDGETS AND REVENUES

Kuwait's Financial Reserves Put At $66bn

The balance in Kuwait's Reserve Fund for Future Generations stood at $45.35bnat the end of January 1993, according to a report by the Kuwait News Agency(KUNA) quoting a parliamentary debate on 22 June on Kuwait's financialresources. KUNA also said that the State's General Reserve was estimated at$21bn in June 1992. The fund was set up in 1976 to provide for Kuwait's future...