Kuwait could create financial stability committee – IMF
Central bank could strengthen supervision by creating new committee, say IMF staff
The International Monetary Fund has recommended the Central Bank of Kuwait create a financial stability committee as part of its ongoing efforts to keep the banking sector stable.
“The banking system is prudently regulated, and the CBK has been proactive in strengthening supervision,” IMF staff write in the conclusion to Kuwait’s latest Article IV consultation.
The report praises the central bank for working hard to balance the need to promote credit growth against the desire for a stable
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