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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, Fund Management/Administration, Investment

Kuwait: Popular Bloc rejects stimulus

Posted on 17 February 2009

From Kuwaittimes.net: In yet a new bombshell, the opposition Popular Action Bloc yesterday strongly rejected the government-sponsored economic stimulus bill, describing it as an attempt to squander public funds and bail out influential people who committed investment blunders.

The bloc also warned that it will “initiate constitutional means to question the government” if the bill is passed and implemented, an indirect threat to grill Prime Minister Sheikh Nasser Al-Mohammad Al-Sabah. …. Full Article: Source


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