Kuwait’s National Assembly will meet on 7 February to discuss ways to tackle “defects” in the state budget, according to parliament speaker Marzuq al-Ghanim.

The freshly-announced budget (see p12), includes a plan to cut spending on subsidies by 22% in real terms in the 2016-17 financial year beginning 1 April (see table, p12). (CONTINUED - 503 WORDS)