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2020-08-21 Arabia

Kuwait Can’t Pay Salaries Beyond October, Minister Tells Parliament

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Posted by trailing wife 2020-08-21 00:00|| || Front Page|| [8 views ] Top

#1 So operating income is little tight. Dip into the piggy bank.

The Kuwait Investment Authority (KIA) is Kuwait's sovereign wealth fund, managing body, specializing in local and foreign investment. It is the 5th largest sovereign wealth fund in the world with assets exceeding $592 billion.

Posted by Sluns Gurly-Brown7484 2020-08-21 01:36|| 2020-08-21 01:36|| Front Page Top

#2 liquidating part of the Sovereign Wealth fund makes sense

however, when it is done it creates a down draft on all the various stock exchanges and, in turn, reduces the value of the Sovereign Wealth Fund

Posted by lord garth 2020-08-21 15:17|| 2020-08-21 15:17|| Front Page Top

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