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Kuwait to treat stimulus plan as emergency bill

Posted on 25 March 2009

From IHT: Kuwait’s Cabinet wants to pass its $5.15 billion stimulus bill as an emergency decree, bypassing parliament, the finance minister said Tuesday, as the oil-rich country’s economy stumbles amid the global economic crisis.

Mostafa al-Shimali told Alrai daily that the worldwide crisis was affecting everybody, and the “economic situation as well as public opinion” were pushing for quick action…..Full Article: Source

 
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