• Moody's, on Kuwait, says expects the country's nominal gdp to reach its pre-oil price shock level by 2021

Market news

29 May 2017

Moody's, on Kuwait, says expects the country's nominal gdp to reach its pre-oil price shock level by 2021

  • Expects Kuwait's government debt to rise to about 34% of gdp by 2020

  • Outlook reflects view there are signs of govt's institutional capacity to effectively implement its fiscal and economic reform program

  • Long-term and short-term foreign-currency bond and deposit ceilings remain unchanged at aa2 and prime-1, respectively

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