H.E. the Governor Issues a Press Statement on Inflation | Market Intelligence API | Briefly NewsStream
Central Bank of KuwaitKWeconomicsImpact 69.9
H.E. the Governor Issues a Press Statement on Inflation
07.05.08 H.E. the Governor Issues a Press Statement on Inflation H.E. the Governor of the Central Bank of Kuwait (CBK) emphasized the need for concerted efforts by many parties and for consistent economic policies to contain increasing inflationary pressures in the national economy at the current stage. He explained in a special press statement to the Kuwait News Agency (KUNA) that the continued increase in the general level of domestic prices, i.e. price inflation, represents a national challenge. It results from various internal and external factors. He illustrated that increased inflationary pressures meant by definition reduced purchasing power, which makes fighting these pressures a pri