Kuwait: Impact of liquidity shortage on arms deals

Kuwaiti Minister of Finance Khalifa Musaed Hamada warned last Wednesday (3/2/21) that the financial liquidity in the treasury is close to running out, due to imbalances in annual revenues and expenditures.

There is talk that Hamada’s statements came as a surprise, especially to officials at the Kuwaiti ministries of Defense and Interior.

Will the liquidity shortage have a negative impact on arms procurement projects?

Tactical Report answers this question and more in the following 408-word report.

[TR Weekly 28/07 – February 12, 2021]

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