Press Releases
CBK Held Financial Stability Report Symposium with Participation of Local and International Experts
The Central Bank of Kuwait (CBK) held a symposium launching the 9th Financial Stability Report for 2020 on Monday 26 July 2021 at 10:00 a.m. at the CBK headquarters as well as through online channels. The planned event intended to address the major economic developments at both domestic and international levels, and presented an overview on the financial sector in the State of Kuwait. The event hosted prominent economists as panelists and discussants from locally and globally renowned institutions.
Dr. Mohammad Y. Al-Hashel, Governor of the Central Bank of Kuwait, inaugurated the event stating that the Financial Stability Report 2020 gave both a broad and focused examination of financial stability in Kuwait in a year of unprecedented challenges. The covid-19 pandemic prompted many countries to introduce preventive measures including partial and full lockdowns leading to a halt in economic activity, as constraints materialized on both supply and demand leading to unprecedented impact on both lives and livelihoods.
