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- Aims to offset damage from Iran war
- Will help lending to households
- Worker killed at desalination plant
Kuwait has unveiled a major stimulus package for banks to spur lending and offset economic damage caused by the US-Israeli conflict with Iran.
In a statement at the weekend, the Central Bank of Kuwait (CBK) said it had launched a wide-ranging stimulus package for banks, saying the sector remained strong despite weeks of regional hostilities.
The measures include a temporary easing of macro-prudential ratios, with a…
