By Reuters Staff
3 Min Read
KUWAIT (Reuters) - Kuwait’s emir on Monday approved a new cabinet that included new ministers of oil and finance for the OPEC member state which is mired in its worst economic crisis in decades.
FILE PHOTO: Kuwait's new Emir Nawaf al-Ahmad al-Sabah holds a paper as he takes the oath of office at the parliament, in Kuwait City, Kuwait September 30, 2020. REUTERS/Stephanie McGehee/File Photo
The previous government had resigned following parliamentary polls this month in which opposition candidates made gains and around two thirds of lawmakers lost their seats.
A priority of the new government will be to boost state coffers badly hit by the coronavirus crisis and low oil prices, including by trying to end legislative deadlock over a bill that would allow Kuwait to tap international debt markets.