When Kuwait’s emir, Sheikh Sabah Al Sabah, dissolved the country’s democratically elected parliament last month, analysts and international lenders looked on with a mixture of disquiet and hope.
On the one hand, the quarrelling between the country’s parliament and its cabinet, which is led by the ruling Al Sabah family, raised some concerns about Kuwait’s stability.
After the dissolution of parliament, Moody’s Investors Service placed the country’s sovereign credit rating on review for a possible downgrade over fears of deeper political strife in the future.
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