Relative political stability from 2013 to 2016 enabled Kuwait to press on with infrastructure development aimed at boosting the economy. But a return to instability threatens to prevent further gains, as capital investment starts to dry up.
Kuwait’s economy is stabilizing thanks to rising oil prices, but after a period of relative stability the emirate’s dysfunctional political scene is growing increasingly unstable. Antipathy between parliament and government has again reared its head, with parliament’s plans to interrogate a number of ministers in sessions known as ‘grillings’ prompting the cabinet to resign this week. (CONTINUED - 970 WORDS)
