PHOTO
KUWAIT CITY - In the latest report on Kuwait by Moody’s, it warned that the liquidity risks threaten the credit rating in the short term, reports Al-Nahar daily.
The agency explained that Kuwait’s classification is restricted by the cracking of the relationship between the government and the National Assembly.
It impedes the policy-making process and undermines the state’s ability to adapt to economic and financial turbulence.
Despite the wealth, Kuwait’s economy is smaller than other oil-exporting Gulf economies.
© 2021 Arab Times Kuwait English Daily. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info).