Kuwait finance minister offers resignation ...Kuwait

News by : (The New Arab) -
Kuwaiti Finance Minister Khalifa Hamade has offered his resignation to the prime minister of the oil-rich Gulf emirate, two government sources said on Wednesday. The sources said Hamade felt "marginalised" in decision-making, including on selecting the board of sovereign fund Kuwait Investment Authority, which was appointed by the emir in August. Hamade will continue to perform his duties, pending a decision of the prime minister, and will attend a cabinet meeting later on Wednesday, one of the sources said. The resignation would also require the ruling emir's approval. The minister did not immediately respond to a Reuters' request for comment. Three local newspaper

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