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THE downgrade of Kuwait’s credit rating, disruption of the state’s ability to manage cash flows, rising forward contracts for the Kuwaiti dinar against the dollar by about 300 points, and a drop in the prices of Kuwait’s bonds due in 2022 by about one percent … All of these are negative indicators and a crime against the nation because of the government’s failure to pass the public debt law.
His Highness the Prime Minister and every person concerned with the issue of Kuwait, above text above is a “tweet” by Dr. Hamad Al-Marzouq, the Chairman of the Board of Directors of a Kuwaiti bank in which the state owns 50 percent of its shares. The content of the post is an indicator of danger due to which rapid action is required to avoid the deep crisis that awaits the country.