Kuwait exited a two-year recession in 2021 as COVID-19 restrictions and OPEC+ cuts are gradually eased. The fiscal deficit is expected to narrow with surging oil prices. The economic recovery is projected to gather pace in 2022 due to the combined effects of fewer pandemic related restrictions, higher oil production and rising oil prices which will boost both oil and non-oil sectors. However, emerging coronavirus variants, volatile oil prices and...
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INFORMACIÓN
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2022/04/21
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Resumen
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170711
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1
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2022/04/22
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Disclosed
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Macro Poverty Outlook for Kuwait : April 2022