Kuwait Seeks Approval to Now Tap Future Generations Fund

Posted on 02/22/2021


As prolonged low oil prices for Kuwait continue to hamper the country’s finances plus the impact of COVID-19, Kuwait is running out of options. Already, Kuwait has tapped the General Reserve Fund, one of Kuwait’s sovereign funds managed by the Kuwait Investment Authority (KIA). Kuwait’s government submitted a draft law to parliament seeking permission to […]

Get News Stories Delivered to Your Inbox