Middle East Economic Survey
VOL. LII
No 22
1-Jun-2009
KUWAIT
S&P Affirms Kuwaits Sovereign Ratings
Standard & Poors (S&P) Ratings Services on 19 May affirmed its AA-/A-1+ sovereign credit ratings for Kuwait with a stable outlook. The agency maintained that Kuwaits ratings are supported by the sovereigns rich resource endowment along with prudent policies that enabled Kuwait to build very strong external and fiscal balance sheet positions in recent years. Net external assets are...
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