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Macro Poverty Outlook for Kuwait : April 2024 - Datasheet (English)

In 2023, Kuwait’s economy significantly decelerated following strong performance in 2022, with expectations of stabilization in the medium term. This downturn is largely attributed to OPEC+ oil production cuts and weak global economic activity. A negative fiscal balance has occurred, driven by low energy prices and fiscal expansion, and is expected to persist into 2024. The economic forecast remains uncertain, clouded by geopolitical tensions, slowdowns...
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World Bank.

Macro Poverty Outlook for Kuwait : April 2024 - Datasheet (English). Macro Poverty Outlook (MPO) Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099157404082435163

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