Macro Analysis /
Kuwait

IHS Markit downgrades Kuwait’s short-term rating

  • IHS Markit downgrades Kuwait’s short-term rating one notch to 5, revises outlooks to Stable

  • The downgrade is due to exacerbated fiscal liquidity risks, lack of political consensus on funding fiscal gap

  • The government has enough sovereign asset buffers to settle debt dues, other payment interruptions are possible

IHS Markit
1 October 2021
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