Financial and Banking News


Central Bank Comes Under Fire in Kuwait 

The Central Bank of Kuwait has been sharply attacked in the National Assembly in an acrimonious debate on 15 June, when its budget for the forthcoming year was rejected by a 20-11 vote. The attacks focused on the question of the Central Bank's alleged subservience to the government and its lack of independence, although other issues, ranging from the Central Bank's employment policy to its...