Fitch Ratings has reaffirmed Kuwait's Long-Term Foreign-Currency Issuer Default Rating at AA-, with a stable outlook due to the country's strong fiscal position and external financial consistency. Kuwait's strong rating aligns with the broader trend in the Middle East region, where countries steadily diversify their economies by reducing their dependence on crude revenues.

Original article source: https://www.arabnews.com/node/2592985/business-economy
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