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Kuwait oil budget spills into $42.9bn surplus

and average oil prices were over $100 in the last fiscal year,- Jassim al-Saadoun, head of Kuwait-based ... by recurring political tensions.Al-Saadoun said that increases in spending on salaries and wages, which ...

28/08/2012 - 14:16 - comment 0

Kuwait has a formidable task lying ahead: convincing its citizens that it shouldn't spend $40,000 a year on them

That argument is now “gaining momentum,” Al-Saadoun said. “But the problem is one of mismanagement, ... be won over to belt-tightening, according to Jassim Al-Saadoun, the head of Kuwait-based Al-Shall ...

11/02/2014 - 15:48 - comment 0