Early Elections Possible, Stagnation Likely - Middle East and Africa Monitor

Government Walk-Out Could Mean Early Elections

Political Risk / Kuwait BMI View: The walk-out of the Kuwaiti government is a familiar story, and we could well see parliament dissolved and new elections called. All of this adds to our view that political and business environment...

Kuwait

Economy / Kuwait Against the backdrop of yet another government resignation and probably early elections (at the time of writing), one way in which Kuwaiti politics could become more organised and efficient would be...

Parliamentary Disunity Still Threatens Reform Outlook

Political Risk / Kuwait BMI View: The Kuwaiti parliament will remain disunited, posing risks to the outlook for reform. However, one thing it does appear to be able to agree on is populist economic measures, which bodes well...

Inflation, Interest Rates To Fall Further

Economy / Kuwait BMI View: The basket peg arrangement will start to serve Kuwait better now that the dollar is strengthening, by reducing the cost of euro-denominated imports. However, the central bank will likely intervene...

Kuwait

Economy / Kuwait As we move into 2009, the world is looking quite a different place, with a new US president and unprecedented financial crisis making for an interesting global backdrop. For Kuwait, the new president...