Monday 18 July 2011

Kuwait economy faces imbalances, requires corrections -cbank - Maktoob News

OPEC member Kuwait is witnessing imbalances in its economy which require corrections, the state news agency cited the country's central bank governor as saying.

'Sheikh Salem Abdul-Aziz al-Sabah spoke about the economic situation in Kuwait and about the imbalances it witnesses which could lead to a lot of risks at various levels,' KUNA said late on Sunday. Sheikh Salem was speaking at a cabinet meeting, it said.

Sheikh Salem said that such concerns should be addressed by corrections to avoid any negative implications that they might have on the future of Kuwait, KUNA added.

No comments:

Post a Comment