-----------

Tag Archives: Kuwait economy

Kuwait’s economic growth recovering slowly – Belgian Finance House report

‘GCC current account balance again becomes positive’ BRUSSELS, May 30, (KUNA): The six-member Gulf Cooperation Council (GCC) countries have implemented significant fiscal consolidation and this has improved the fiscal balances of most countries in the region, according to a report released in Brussels Tuesday. The report titled “Economic developments in …

Read More »

Home-grown, inclusive strategy toward growth

By Oussama Kanaan Oussama Kanaan is the Director of the IMF’s Middle East Center for Economics and Finance (CEF). The CEF’s website address is www.cef.imf.org Once again we are back to that cherished time of the year when serious, thoughtful discussions abound in diwaniyas focused on Kuwait’s economic, social and …

Read More »

IMF hails Kuwait economic policies

KUWAIT CITY, Nov 5, (KUNA): The Chamber of Commerce and Industry said on Sunday that the International Monetary Fund has praised the Kuwaiti government’s efforts in tackling the impact of the drop in global oil prices through containing public spending. According to a statement, the chamber’s board member Dhirar Al-Ghanim …

Read More »

Kuwait economy projected to shrink by 2.1%: IMF – Oil slide weighs heavily on MENA growth forecast

DUBAI, Oct 10, (AFP): A massive slide in the economic growth of Middle East top oil exporters is weighing heavily on the outlook for the entire region, the International Monetary Fund said on Tuesday. “Fuel exporters are particularly hard hit by the protracted adjustment to lower commodity revenues,” the IMF …

Read More »
Translate »