Iraq Kuwait

Kuwait: Candidates line up for April general election, security on the agenda amid tensions with Iraq

Risk Management
Issue 1186 - 27 Mar 2024 | 16 minute read

Risk Grade B↓2↓

Kuwait stands out in the region for its relatively open political system, which includes a freely-elected parliament that often clashes with a government appointed by the ruling Al-Sabahs. As a small state with vast oil wealth, it was a pioneer in establishing a sovereign wealth fund, but these days its economy lags behind its more commercially adept neighbours. The perennial stand-off between the executive and legislature often leads to policy gridlock, with neither side able to provide the bold leadership Kuwait needs to forge ahead

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