Financial and Banking News

REGIONAL BANKING

Solution for Kuwaiti Debt Crisis Proposed to Parliament 

A comprehensive report compiled by the Ministry of Finance incorporating much of the substance of the leaked letters from the Central Bank Governor to the Ministry of Finance which were published in the Kuwaiti press (MEES, 1 July) was presented to Kuwait's National Assembly on 2 July. The report, which has been endorsed by the cabinet, highlights the parlous state into which...