JOURNAL ARTICLE

Kuwait Cabinet Approves Debt Law, Paving Way for Bond Sales.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: MacDonald, Fiona 3 of 3

Abstract

The Kuwait Cabinet has approved a draft decree allowing the country to sell debt for the first time in eight years, paving the way for bond sales. The draft law on "financing and liquidity" has been referred to Emir Sheikh Mishaal Al-Ahmed Al-Sabah for approval. This move is seen as a positive step towards enabling Kuwait to fund key development projects and address fiscal deficits, with potential for issuing both conventional bonds and Islamic Sukuk. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/03, pN.PAG
  • Document Type:Article
  • Subject Area:Politics and Government
  • Publication Date:2025
  • Accession Number:183695556
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