HONG KONG, March 19 (Reuters) - Moody's Investors Service has placed Kuwait's Aa2 rating on review for possible downgrade blaming the political situation in the Gulf Arab country.
The agency said on Thursday, its action was driven "by the recent resignation of Kuwait's government and the dissolution of parliament -- the latest bout in the disruptive conflict between the executive and the legislature."
Moody's analyst Tristan Cooper said the move reflected institutional weakness in the country and was of significance in the backdrop of the economic challenges facing the country. (Reporting by Umesh Desai, Editing by Jacqueline Wong)