Kuwait’s non-oil sector to grow 3.8% in 2023: IMF  

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Tue, 2023-06-06 18:08

RIYADH: Kuwait’s non-oil growth is projected to increase to about 3.8 percent in 2023 on account of a robust expatriate community, the International Monetary Fund has forecast.   

While overall growth is anticipated to drop to 0.1 percent this year, the non-oil economy will be strengthened on the back of the financial stimulus and partial recovery in the employment of expatriates, according to the IMF’s latest analysis of Kuwait.

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