About the Kuwait DMD

The Kuwait Debt Management Department was established in 2016 within the Ministry of Finance and is responsible for overseeing the middle office operations of domestic and external Kuwaiti debt. This includes defining the mix of local and international borrowing, running risk management and handling internal and external relationships.

Kuwait Key Figures

Moody’s Aa2
S&P AA/A-1+
Fitch AA
Kuwait Government Debt
(Outstanding as of Feb. 11, 2018)
International KD 2.4 BN
Local KD 4.7 BN
Total KD 7.1 BN
Kuwait GDP 2016 KD 35.7 BN
Debt/GDP 20%