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Kuwait sets KD 2 bln in sukuk, bond issue – Bid to cover part of budget deficit
Kuwait’s government plans to issue KD 2 billion ($6.6 billion) of Islamic and conventional bonds to help cover a budget defi cit created by low oil prices, Al Arabiya television quoted unnamed official sources as saying on Monday. The finance ministry has asked the central bank to arrange the issuance,…
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Click here to read the full story: Arab Times