30.01.2009 - Kuwait awaiting economic stimulus plan
From Etaiwannews.com: The staggering decline in oil prices - Kuwait's key source of foreign revenue - which have fallen from nearly $150 per barrel in mid-2008 to around $42. If that was not enough, Kuwait's sovereign fund losses are about 35 percent, according to al-Nemash's estimates. Kuwait has not officially put any figures on the losses of its $300 billion invested around the world. The fund is kept outside the budget as a fund to provide for future generations when oil, the mainstay of the economy, runs out...... Full Article: Source
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