<\/p>\n
Kuwait has retained its \u2018A+\u2019 long-term credit rating from S&P Global, with a stable outlook, supported by one of the world\u2019s strongest sovereign asset positions despite mounting fiscal pressures.\u00a0<\/span><\/p>\n In its latest report, the US-based agency stated that it expects Kuwait\u2019s economy to grow 2 percent in 2025\u20132026, rebounding to 2.6 percent in 2027\u20132028 as oil output rises and infrastructure initiatives under Vision 2035 gather pace.\u00a0<\/span><\/p>\n Kuwait\u2019s strong rating aligns with a broader trend across the Middle East, where countries are steadily advancing economic diversification by reducing their reliance on oil revenues.\u00a0<\/span><\/p>\n Regarding Kuwait, S&P Global stated: \u201cThe stable outlook reflects our expectation that Kuwait\u2019s public and external balance sheets will remain very strong over our forecast horizon, backed by a significant stock of government financial assets.\u201d\u00a0<\/span><\/p>\n It added: \u201cWe expect these strengths to mitigate risks related to Kuwait\u2019s economic concentration on the hydrocarbon sector, potential oil price volatility, and sizable fiscal spending.\u201d \u00a0<\/span><\/p>\n According to S&P, an \u2018A+\u2019 rating reflects Kuwait\u2019s strong capacity to meet its financial obligations and indicates a low risk of default.\u00a0<\/span><\/p>\n The report further noted that Kuwait\u2019s fiscal deficits will remain elevated, averaging around 8.9 percent of gross domestic product from 2025 to 2028, as subdued oil prices and high expenditure levels \u2014 particularly on wages and subsidies \u2014 continue to weigh on public finances. \u00a0<\/span><\/p>\n Nevertheless, Kuwait\u2019s net general government asset stock is projected to average 477 percent of GDP, among the highest ratios globally, supported by sovereign wealth fund assets accumulated since 1953.\u00a0<\/span><\/p>\n \u201cAmid less favorable economic conditions due to global trade tensions and weaker oil prices, Kuwait\u2019s large stock of external public-sector assets should provide a buffer for a policy maneuver, if needed,\u201d said S&P Global. \u00a0<\/span><\/p>\n One key development is the recent passage of the Financing and Liquidity Law, which enables the government to tap capital markets for the first time since 2017.\u00a0<\/span><\/p>\n \u201cOur base case assumes that government capital expenditure and part of the fiscal deficit will be partially funded via debt issuance. We forecast issuance of about $10 billion in 2025 and about $5 billion of debt annually in 2026-2028,\u201d the agency added. \u00a0<\/span><\/p>\n In a separate assessment, Fitch Ratings in March reaffirmed Kuwait\u2019s long-term foreign-currency rating at \u2018AA-\u2019 with a stable outlook, citing strong fiscal fundamentals and external liquidity.\u00a0<\/span><\/p>\n Fitch projected that Kuwait\u2019s net foreign assets will rise to 601 percent of GDP in 2025, up from an estimated 582 percent in 2024 \u2014 the highest among all Fitch-rated sovereigns.\u00a0<\/span><\/p>\n <\/p>","protected":false},"excerpt":{"rendered":" Kuwait has retained its \u2018A+\u2019 long-term credit rating from S&P Global, with a stable outlook, supported by one of the world\u2019s strongest sovereign asset positions despite mounting fiscal pressures.\u00a0 In its latest report, the US-based agency stated that it expects Kuwait\u2019s economy to grow 2 percent in 2025\u20132026, rebounding to 2.6 percent in 2027\u20132028 as […]<\/p>\n","protected":false},"author":1,"featured_media":4144,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4143","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bez-rubriki"],"featured_image_src":{"landsacpe":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/05\/Kuwait-3-612x445.jpg",612,445,true],"list":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/05\/Kuwait-3-463x348.jpg",463,348,true],"medium":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/05\/Kuwait-3-300x225.jpg",300,225,true],"full":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/05\/Kuwait-3.jpg",612,459,false]},"_links":{"self":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/4143","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/comments?post=4143"}],"version-history":[{"count":1,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/4143\/revisions"}],"predecessor-version":[{"id":4145,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/4143\/revisions\/4145"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media\/4144"}],"wp:attachment":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media?parent=4143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/categories?post=4143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/tags?post=4143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}