Kuwait forms cabinet with new oil, finance ministers ...Kuwait

Kuwait's new government, whose formation was due after parliamentary elections earlier this month, has 10 new faces. Kuwait formed Monday a cabinet that includes new oil and finance ministers, state media reported, amid calls for reform in the country whose economy is reeling from slumping crude prices. Like most wealthy Gulf nations, oil-rich Kuwait's economy and state budgets have been slammed by the double whammy of the coronavirus pandemic and the depressed price of oil. The new government, whose formation was due after parliamentary elections earlier this month, has 10 new faces. These include Mohammed Al-Fares who was named minister of oil and Khalifa Hamada who was appointed as fina

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Last updated : 14 Dec 2020 clock 05:45 PM

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Kuwait forms cabinet with new oil, finance ministers ...Kuwait

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