Kuwait: New election unlikely to bring political stability

Risk Management Reports
Issue 1167 - 24 Apr 2023 | 3 minute read

Risk Grade C2

New government, further elections=political risk downgrade: Kuwaiti politics and government remain in flux after Crown Prince Mishaal Al-Ahmed Al-Jaber Al-Sabah announced the dissolution of the National Assembly (parliament) on 17 April, setting the scene for a third general election in as many years.

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Risk Management Report grades

GSN risk grades are intended to provide a broad guide to political and economic stability.

Political risk
Rated according to six grades, from A (most stable) to F (failed state).

Economic and financial risk
Graded from 1 (wealthiest/most sound financials) to 6 (bankrupt).

The grades are intended only to offer an immediate gauge of where risk stands in the regional pecking order. An A or 1 grade does not mean the polity is devoid of risk.

To provide a degree of nuance, risk grades also use trends arrows which go upwards (↑) or downwards () to denote cases where momentum is positive or negative.

The grades do not change regularly: upgrades and downgrades are intended to reflect long-term trends or the impact of an exceptionally changed situation.