Kuwait
Kuwait’s economic reform programme will face delays
The latest IMF statement highlights that Kuwait’s economy is still contracting
KuwaitKuwaiti reform will suffer from political infighting
The latest PMI data highlights that economic activity remains weak
KuwaitKuwait will raise living costs for expatriates
The government is set to raise petrol prices for expatriates and visitors
KuwaitMiddle East interest rates will follow US rate cuts
Most regional countries with currencies pegged to the US dollar cut their benchmark interest rates yesterday
Middle EastKuwait will lag neighbours on economic diversification
The government, despite its technocratic credentials, faces severe challenges to diversify the economy away from oil
KuwaitDebt issuance will be strong in the Gulf states
Government related debt issuance in the Gulf states has been strong in 2024, led by Saudi Arabia
Gulf statesGas deal will improve Kuwait’s electricity supply
Kuwait and Qatar have agreed a new 15-year gas supply deal
KuwaitGulf states’ non-oil sector will grow more slowly
The non-oil sector PMIs across the Gulf states all show slowing business activity
Gulf statesKuwait faces severe fiscal challenges into medium term
Kuwait faces major budgetary challenges into the medium term as government attempts to implement unpopular fiscal reform
Kuwait
