20.08.2010 - Kuwait's local banks to fund $104 bln plan
From Tradearabia.com: Kuwait's government has given the green light to the country's banks to finance a KD30 billion ($104.2 billion) development plan and is prepared to back them with guarantees, newspapers reported on Thursday. Kuwait's parliament approved the four-year plan in February. It is aimed at decreasing the Gulf Arab state's dependence on oil for state revenues, and boosting private sector participation in projects..............................................Full Article: Source
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