Kuwait to boost spending, eyes oil price at $55-$65/bbl

22 January 2019, News Wires — Kuwait on Monday projected a 4.7 percent rise in spending to 22.5 billion dinars ($74.15 billion) as part of its state budget for the year ending on March 31, 2020, as the major oil producer seeks to spur economic growth. The Kuwaiti Finance Minister Nayef al-Hajraf said he expected the … More »