Kuwait to record highest non-oil budget deficit among GCC countries

This news has been read 17680 times!

KUWAIT CITY, Nov 21: The International Monetary Fund (IMF) projected that Kuwait will record the highest non-oil budget deficit among the Gulf countries at 68.7 percent in 2021, reports Al-Rai daily. A governmental study included a comparison of forecasts for the economy of Kuwait and other Gulf countries, in which the fund hinted that the government debt to gross domestic product (GDP) ratio for the current year will reach 36.6 percent, while the average in the Gulf will be 43 percent

This news has been read 17680 times!

Related Articles

Back to top button

Advt Blocker Detected

Kindly disable the Ad blocker

Verified by MonsterInsights