Too Early to Say Bahrain Is Out of The Woods, Nomura Says

The transcript discusses the investment opportunities in Bahraini bonds, highlighting differing opinions on the timing of investments. It covers the rescue package for Bahrain, emphasizing the need for structural adjustments and more clarity. The economic situation in Kuwait is analyzed, focusing on its budget and growth projections. The discussion also touches on GCC bond spreads, noting the relatively stable fiscal outlook despite potential risks.

What is the projected economic growth rate for Kuwait, and how does it compare to other regional economies?

What is the speaker's opinion on the long-term risks associated with Bahrain's economic situation?