Monday 23 April 2012

Kuwait banks look to the state for action - FT.com

Kuwait’s financial sector is counting on the country’s freshly elected parliament, youthful new central bank chief and record oil revenues to kick start the country’s moribund economy.
While its political environment has long been deadlocked by the battle between elected parliamentarians and appointed ministers, Kuwait’s economy, bankers say, needs decisive leadership from the government, both as a regulator and as an investor of windfall oil wealth.

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