111.   Kuwaiti economists have warned that the emirate might lose all its reserves within five to six years if the government does not cut public expenditure.

112.   Public expenditure is usually very heavy in the last two months of the financial year.

113.   The appeal of the scheme was that the measures would not directly affect public expenditure and would benefit both capital and labour, the department said.

114.   The government must continue to control inflation and public expenditures, and to liberalize investment and external trade.

115.   The Malawian government is implementing tough World Bank-supported economic reforms, including the reduction of reduce public expenditure.