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IMF concerned about Kuwait’s finances

Posted on 14 May 2012

Kuwait’s recent wage hikes have raised concerns about the sustainability of its public finances, its central bank governor told the state news agency Kuna, citing a preliminary report from the International Monetary Fund (IMF).
The IMF said Kuwait’s fiscal stimulus had helped non-oil sectors to recover from the global financial crisis, Governor Mohammad al-Hashel was quoted as saying by Kuna………………………………………..Full Article: Source

 
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