Middle-east Arab News Opinion | Asharq Al-awsat

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Kuwait’s Minister of Finance Anas al-Saleh speaks at the opening of the Euromoney Conference in Kuwait City. Reuters

Kuwait: Economic Reform Provides $3.3 Bn, Plans to Raise Debt Ceiling

by Mirza Al-Khuwaylidi | Sep 27, 2017 | Business

Kuwait- Kuwait’s Finance Minister Anas al-Saleh said the economic reform measures provided the country with more than one billion dinars, equivalent to 3.3 billion dollars in the fiscal year 2016-2017 budget. The most prominent of these reforms were the raising...

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Kuwait Deputy Prime Minister and Finance Minister Anas Al- Saleh. KUNA

Kuwait’s Government Backs off from Reform Plans after Parliament Pressure

by Mirza Al-Khuwaylidi | Apr 5, 2017 | Business

Kuwait – Kuwait is increasing financial allotments for investment spending with aim of hiking growth in non-oil sectors of the national economy, said the Deputy Premier and Minister of Finance Anas Al-Saleh. Investment expenditure is forecast to reach 3.5...

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Kuwaiti Finance Minister Anas al-Saleh gestures as he speaks during a parliament session at the National Assembly in Kuwait City on May 20, 2014 (AFP Photo/Yasser al-Zayyat)

Kuwait Finance Minister: Bond Market Development Key to Economic Reform

by Mirza Al-Khuwaylidi | Nov 9, 2016 | Business

Kuwait – Kuwait’s Deputy Prime Minister and Minister of Finance Anas Al-Saleh said on Tuesday that bond market development was a key factor to economic and financial reform. During the opening of the “Bond Market Development in Kuwait”, organized by the...

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Kuwait’s Flag

Kuwait Borrows Money to Finance Budget Deficit

by Asharq Al-Awsat | Jul 4, 2016 | Business

Kuwait- Kuwait said Sunday it plans to tap the international debt market through bond issues to finance its budget deficit after recording a first shortfall in 16 years. The oil-rich Gulf state plans to “borrow up to three billion dinars ($10 billion) in...

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A general view of oil tanks (brown, foreground) at Turkey’s Mediterranean port of Ceyhan, which is run by state-owned Petroleum Pipeline Corporation (BOTAS), some 70 km (43.5 miles) from Adana February 19, 2014. REUTERS/Umit Bektas

World Bank Praises Kuwait’s Financial Reform Steps

by Asharq Al-Awsat | Mar 14, 2016 | Business

Kuwait-The World Bank (WB) supports reform steps that have been taken by Kuwait and view them as utter significance for attaining development objectives, said the WB Office Director in Kuwait, Dr Feras Raad. In an interview with KUNA, Dr Feras Raad said that the...