Standard & Poor's International Agency reported that the nominal value of total liquid government assets of the Gulf countries declined by about $90 billion in 2015, whereas the ratios of liquid assets to GDP of Kuwait, Abu Dhabi and Saudi Arabia remained much higher than 100% Percent of GDP.
The agency predicted a significant improvement in the region’s total liquid Government assets starting this year until 2021, rising up to $618 billion. As for the liquidity Government assets estimated by Standard & Poor's in Kuwait, they attained $522 billion this year.
The agency expected the average ratio of liquid assets to gross domestic product (GDP) to remain stable at about 110 percent of GDP until 2021, for all GCC countries, excluding Kuwait. As for Bahrain, it is expected that the country reduces its assets to less than 25 percent of GDP, else it will be out of this group.
Source (Al Hayat Newspaper, Edited)
