Credit rating agency Fitch has affirmed Kuwait's long-term foreign-currency Issuer Default Rating (IDR) at 'AA' with a stable outlook. "Kuwait's key credit strengths are its exceptionally strong fiscal and external balance sheets. These are increasingly offset by Kuwait's institutional paralysis and slow pace in addressing growing public finance challenges stemming from heavy oil dependence," it said in its report. Fitch estimated the foreign assets of the Kuwait Investment Authority (KIA) ...