With state revenues significantly impacted by lower global oil prices, the Kuwaiti government has intensified efforts to enact reforms aimed at increasing foreign investment, supporting economic diversification and reducing state subsidies.
Kuwait
Displaying 361 - 366 of 905
Economic update | Kuwait Year in Review 2016
24 Jan 2017
The government of Kuwait is continuing its drive to encourage private sector investments, having recently announced plans to invite proposals on several large-scale, public-private partnership (PPP) projects.
The government of Kuwait is hoping to diversify the economy through industrial expansion, targeting double-digit growth on the back of its petrochemicals and plastics segments.
Kuwait’s banking sector remained stable last year despite growth easing from double-digit levels in 2013 and 2014, according to the most recent Financial Stability Report released by the Central Bank of Kuwait (CBK) in July.
Interviews & Viewpoints | Mohammad Y Al Hashel, Governor, Central Bank of Kuwait (CBK): Interview from The Report: Kuwait 2016
How do you view the resilience of Kuwait’s banking sector in the current economic environment?
Articles & Analysis | Kuwait's banking sector navigates short-term risks to realise longer-term gains from The Report: Kuwait 2016
With a raft of large-scale, government-led development projects on the docket, rising retail deposits and strong support from regulators and other authorities, Kuwait’s banking sector is widely considered to be poised for a period of long-term growth. This follows a difficult period linked to the broader economic volatility that has impacted...