Kuwait approves record budget with deficit (AFP)
 

Kuwait approves record budget with deficit (AFP)

Jalīb aš-Šuyūẖ : Kuwait | Jun 29, 2011 at 2:33 AM PDT
Source: Turks and Caicos Free Press
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Spending is projected at 19.44 billion dinars ($70.7 billion), an 11-percent rise from the previous budget, mostly to meet a string of pay hikes and grants for Kuwaitis, lawmakers said. The previous largest spending was 18.7 billion dinars in 2008-2009 when oil prices hit an all-time record above... FULL ARTICLE AT Turks and Caicos Free Press
 
 
 
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