Kuwait's government plans to issue KWD2bn (USD6.6bn) of Islamic and conventional bonds to help cover a budget deficit created by low oil prices, Al Arabiya television quoted unnamed official sources as saying on Monday.  The finance ministry has asked the central bank to arrange the issuance, Al Arabiya said. It did not specify the timing beyond saying the issuance would occur this year. The government has begun drawing down its financial reserves to cover part of the deficit, which it projects at KWD12.2bn in the current fiscal year that began on April 1. The KWD2bn issuance will be divided equally between conventional and Islamic bonds (sukuk), and a total of KWD6bn dinars of the deficit will eventually be covered by bond issues with the rest covered by reserve drawdowns, Al Arabiya reported. (Retuers, Al Arabiya)