The Governor of Kuwait’s Central Bank, Mohammad al-Hashel, emphasized the urgent need for economic reforms to stabilize the country’s finances, stating that monetary tools alone cannot address
the structural challenges Kuwait faces.
Speaking at a conference, al-Hashel called for concerted efforts from both the executive and legislative branches to address the country’s imbalances
While he did not specify any particular measures, he stressed that the reforms should aim at reducing Kuwait’s dependency on oil.
