VOL. XLV

No 15

15-April-2002

KUWAIT

S&P Raises Kuwaits ForeignCurrency Ratings To A+/A-1+ With Stable Outlook

Internationalratings agency Standard and Poors (S&P) announced on 4 April that it hadraised the long-term and short-term foreign currency issuer credit ratings onKuwait to A+/A-1 + from A/A-1 and affirmed that the outlook is stable. Theagency also affirmed the countrys long-term and short-term local currencyratings at A+ /A-1 + with a stable outlook. In a statement, the agency...