VOL. XXXVIII
NO. 40
3-JULY-1995
Financial andBanking News
Public Finance
Kuwaiti Speaker Lambasts Government's Proposals
Reaction to Mr. Rudhan's proposals was not slow in coming: the speaker of theKuwaiti parliament, Mr. Ahmad al-Sa'dun, quoted in the Arabic daily al-Hayat on28 June, said that "Kuwait is on the verge of bankruptcy" and that thefinance minister's proposals represented a "serious about-turn" in theeconomic position of the emirate. He urged the Kuwaiti people to listen to theMinister...
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