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Kuwait: More funds to go into FGF

Kuwait plans to raise the proportion of state revenue going into its Future Generations Fund (FGF) to 25% from 10%. State news agency Kuna said on 17 September that economy minister (and acting minister for education and higher education) Nayef Al-Hajraf had been told by the cabinet to raise the sum in the 2012/13 budget.

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African Energy Gulf States Newsletter