Kuwait: Government submits its resignation
Kuwait’s government submitted its resignation on Tuesday, state news agency KUNA reported, ahead of a no-confidence vote against the prime minister in parliament, amid a lengthy political feud that has hindered fiscal reform in the Gulf oil producer.
The no-confidence vote was scheduled for Wednesday. The current government was appointed in December, the third in 2021 as the standoff with the elected parliament dragged on.
Kuwait has given its assembly more influence than similar bodies in other Gulf states, including the power to pass and block laws, question ministers and submit no-confidence motions against senior government officials.
Fitch Ratings downgraded Kuwait in January to ‘AA-‘ from ‘AA’, citing “ongoing political constraints” hindering its ability to pass a debt law and address a heavy reliance on oil, a lavish welfare system and a bloated pubic sector.
