Fitch affirms Kuwait’s AA- rating as Future Generations Fund borrowing rules change
Fitch Ratings said Kuwait’s recent amendment to the Future Generations Fund Law, which allows the government to borrow from the sovereign wealth fund, enhances the country’s sovereign financing flexibility and could slow the pace of public debt growth if borrowing from the fund is used more frequently. The amendment, which took effect on September 1, … The post Fitch affirms Kuwait’s AA- rating as Future Generations Fund borrowing rules change appeared first on Times Kuwait .