After nearly a decade of financial paralysis, Kuwait has finally pulled the trigger. The long-delayed public debt law has passed, unlocking up to KD30 billion (US$98 billion) in borrowing power. For a country that’s spent years raiding its rainy-day fund to cover deficits - and watching Saudi Arabia and the...
After nearly a decade of financial paralysis, Kuwait has finally pulled the trigger. The long-delayed public debt law has passed, unlocking up to KD30 billion (US$98 billion) in borrowing power. For a country that’s spent years raiding its rainy-day fund to cover deficits - and watching Saudi Arabia and the...