KUWAIT CITY: Kuwait said it plans to tap the international debt market through bond issues to finance its budget deficit after recording a first shortfall in 16 years.
The oil-rich Gulf state plans to “borrow up to three billion dinars ($10 billion) in US-denominated bonds from international markets, in both conventional and (Islamic) sukuk issuance,” Finance Minister Anas al-Saleh told parliament.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.