Kuwait-Mubasher: Kuwait would issue Kuwaiti dinar bonds to finance the country’s budget deficit before the end of 2015 or early 2016, said deputy prime minister and finance minister Anas Al-Saleh.

"The bonds would be issued in batches to allow for monitoring and assessing their impacts on the local market and the Central Bank of Kuwait's reserves," the minister said on the sidelines of a ceremony held by the Saudi embassy late Tuesday to mark the Saudi national day.

Al-Saleh stated that the country would issue US dollar bonds, if necessity arises for moving to the second stage.

The minister assured that the subsidy for some commodities would be rationalized not abolished.