August 20, 2020 Meet the Middle East

Kuwait parliament delays public debt reform

With Kuwait running out of money to pay salaries of public servants, the country’s parliament on Wednesday approved a law to make transfers of state revenue to one of its sovereign wealth funds conditional on budget surpluses, a move that will provide more than $12 billion in much needed liquidity to the treasury..
Source: Albawaba
Full Article: Kuwait parliament delays public debt reform