Kuwait’s National Assembly Approves New SWF Law, Holds on Debt Reform
Posted on 08/20/2020
Kuwait’s National Assembly approved a law to make transfers of state revenue to one of its sovereign wealth funds conditional on budget surpluses. The parliament move could end up giving more than US$ 12 billion in liquidity to Kuwait’s treasury. Kuwait’s parliament is still analyzing a public debt law that would allow the Kuwaiti government […]
