The data issued by the Central Bank of Kuwait showed a decline in the State of Kuwait's reserve assets by 4% during the first 9 months of 2021, a decrease of 624 million dinars to reach 14 billion dinars compared to 14.6 billion dinars by the end of 2020.
The Kuwaiti newspaper, Al-Anbaa, stated that the reserves do not include external assets with the Kuwait Investment Authority, and they consist of monetary gold balances, the reserve position with the International Monetary Fund, special drawing rights and currency.< /p>
She attributed the decline in Kuwait's general reserve to this level to the decline in foreign currency reserves and deposits abroad to the level of 12.3 billion dinars at the end of September 2021, compared to the level of 13.7 billion dinars at the end of December 2020. , down 1.4 billion dinars.
According to the statistics, Kuwait's general reserve does not include the foreign assets of the General Investment Authority, as it includes the gold owned by the monetary authority in the country, amounting to 31.7 million dinars, and it keeps As reserve assets, in addition to the country's foreign exchange reserves, and reserves deposited with the International Monetary Fund.
