Strategy Note /
Kuwait

Kuwait government resigns, political reconciliation unlikely

  • Third cabinet (government) resignation in the last year follows Emir's pardon of members of the political opposition

  • More likely a sign of continuing political dysfunction than a reconciliation of obstructionism going back over a decade

  • Kuwait a relatively more expensive play versus history on high oil price than other exporters, including most of GCC

Kuwait government resigns, political reconciliation unlikely
Hasnain Malik
Hasnain Malik

Strategy & Head of Equity Research

Tellimer Research
9 November 2021
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