Economy / Kuwait
Ratings Update, As Electoral Dust Settles
February 2007 | Political Risk AnalysisAside from the problem of the spending mentality discussed above, the debacle over the debt repayment bill also exemplifies another problem: the relationship between the government and the opposition-dominated parliament has been turbulent recently, and looks set to continue to stand in the way of necessary reforms. Although we are about to overhaul our political risk ratings to make them even more comprehensive than they are currently, we feel it is worth assessing the impact of the elections, nearly 8 months after opposition took a majority of
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