Kuwait PM appoints finance minister in cabinet reshuffle

  • 📰 Reuters
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Kuwait's Prime Minister Sheikh Ahmad Nawaf al-Sabah has appointed a new finance minister as part of a cabinet reshuffle that left other major roles unchanged, state news agency KUNA reported on Sunday.

The crown prince in March reappointed Sheikh Ahmad as prime minister, more than a month after the government resigned in response to friction with an opposition-controlled parliament.

"The biggest challenge for the government is to regain the trust of the people," said Ahmad al-Din, member of the political bureau of the Kuwaiti Progressive Movement . Kuwait holds some of the world's largest oil reserves and has strong fiscal and external balance sheets, but political bickering and institutional gridlock have hampered investment and reforms aimed at reducing its heavy reliance on oil revenues.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The West has been dependent on these oil-producing countries for more than 60 years and after so much submission, the ecological breakthrough with electric cars leads us to be dependent on China...from the frying pan to the grill...

And when will the reshuffle in France?

So

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Pakistan finance minister says he canceled Washington trip on prime minister's ordersPakistan Finance Minister Ishaq Dar on Saturday said he had canceled his trip to Washington for the spring meetings of the International Monetary Fund and World Bank on the orders of the prime minister due to the political situation in the country. He looks like a dude that usually wears makeup but he went without it that day The Empire is Falling! Don't do business with Biden.
Source: Reuters - 🏆 2. / 97 Read more »