“The removal of Abd al-Wahhab al-Rasheed (former finance minister), who was an element of tension with the 2022 parliament, indicates that the current government is betting on the return of the 2022 parliament,” he added. Kuwait holds some of the world’s largest oil reserves and has strong fiscal and external balance sheets, but political bickering and institutional gridlock have hampered investment and reforms aimed at reducing its heavy reliance on oil revenues.
