Kuwait government resigns for second time this year

DUBAI, United Arab Emirates (AP) – The government of Kuwait resigned on Monday for the second time this year, underlining the political problems plaguing this small oil-rich country.

The official KUNA news agency said Kuwaiti ruler Sheikh Nawaf Al Ahmad Al Sabah had received the government’s resignation notice. However, the report did not say whether Sheikh Nawaf would accept the resignation, presented by the country’s prime minister, Sheikh Sabah Al-Khaled Al Hamad Al Sabah.

The government had already resigned in January. On Sunday, Sheikh Nawaf granted an amnesty to political members of the opposition in part to resolve the current stalemate in the country’s government.

Kuwait, a nation extraordinarily wealthy because of its oil reserves, has struggled in recent years to balance its budgets and encourage its people to turn to the private sector. His cradle-to-grave benefits have drained the coffers, defying the nation during a recent drop in oil prices.

The unusual combination in Kuwait of an emir-appointed government and an elected parliament often gives rise to feuds that analysts say hamper the country’s economic and social progress. Parliament can introduce laws and question ministers, although the country’s emir retains ultimate authority and members of the ruling family hold positions of responsibility.

Last year, the rating agency Moody’s downgraded Kuwait’s credit rating for the first time in its history as the coronavirus pandemic left a hole in the country’s finances.

Even with the cash flow quickly depleted, the government has no legal framework to spend the deficit beyond its current limit of $ 33 billion without parliamentary approval. Lawmakers fiercely opposed raising the debt ceiling, fearing the money could be plundered because of corruption.

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