Kuwait: IMF reform pressure as Equate mandates for dollars
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Emerging MarketsEM Middle East

Kuwait: IMF reform pressure as Equate mandates for dollars

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Equate Petrochemical, the petrochemical producer part-owned by Kuwait, has laid plans to re-enter the international debt markets after less than a year since its last outing. The mandate comes just days after the IMF warned Kuwait to undergo fiscal consolidation after its economy shrank last year.

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