Although the resignation of Minister of Finance and Minister of State for Economic Affairs and Investment Khalifa Hamada has yet to be officially announced, Al-Rai has learned Dr. Fahd Al-Rashed is most likely to be nominated as the next Minister of Finance.
It is noteworthy to mention that Al-Rashed, who is currently a member of the Kuwait Investment Authority, has played a vital role in exposing corruption and theft of public money at the Public Authority for Social Security.
Besides Dr Fahad Al-Rashed has more than 40 years of experience in financing and investment in both the public and private sectors.