![12/07/09 - Kuwait City, Kuwait - Skyline of Kuwait City from the Kuwait Towers. The Liberation Tower is on the right. The Liberation Tower is the tallest structure in Kuwait. Construction of the tower commenced before the Iraqi invasion of Kuwait on August 2, 1990. (Andrew Henderson/The National) *** Local Caption *** ah_090711_Kuwait_Stock_0301.jpg](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/7PN36GW5G5625MY2IX4DZJDMXI.jpg?smart=true&auth=45e76355132a7d1eef31a707f5dfdb510e7311204ab1aa50b25ea47c4fb206c5&width=400&height=225)
Kuwait is likely to see the largest positive improvement in its budget balance from buoyant oil prices. Andrew Henderson / The National
Kuwait is likely to see the largest positive improvement in its budget balance from buoyant oil prices. Andrew Henderson / The National
Oil price rally will 'vastly' reduce borrowing needs of GCC governments, Goldman Sachs says
Borrowing requirements for the six-member bloc will fall to just under $10bn at $65 per barrel, from $270bn at $45