Kuwait moves to curb inflation
Kuwait: Thursday, June 12 - 2008 at 09:37
Kuwait's Commerce and Industry Minister Ahmad Baqer said the country may cut import duties and increase spending on subsidies to help curb inflation, reported Bloomberg. She said the government will spend 1.8 billion dinars ($6.8bn) on subsidies in the fiscal year ending March 2009, 1.6 billion dinars of which will be for subsidizing fuel.
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Jeff Florian, Senior ReporterThursday, June 12 - 2008 at 09:37 UAE local time (GMT+4)
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