| Moody’s indicated that Kuwait owns $400 billion worth of assets in its sovereign wealth fund, i.e., twice the GDP. There is no doubt that these assets generate adequate returns to Kuwait, thus consolidating its sovereign revenues. Kuwait was able to boost the value of these assets, given its ability to achieve significant financial surpluses in recent years, which confirms its ability to invest new assets in diversified investments around the world.
Even if the surpluses fall in the coming years due to an oil price drop, the government can maintain a good level of surplus due to the rationalization of current spending..............................................Full Article: Source
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