VOL. XLIV
No. 03
15-January-2001
KUWAIT
Moodys Gives Upbeat Assessment Of Kuwaiti Fiscal Management
Moodys Investors Service announced on 9 January that its positive outlook on Kuwaits Baa1/P-2 country ceilings reflects the improved management of extensive oil reserves and oil-revenue financed funds. According to the ratings agency, the ratings are also underpinned by the increased confidence in regional security due to US and other defense commitments. In a statement quoting its annual report on...
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