New Report Available: Kuwait Business Forecast Report Q3 2013
We expect Kuwait to see relatively strong growth over 2013, as non-oil economic activity continues to expand on the back of solid household expenditure. Our forecast for 2013 real GDP growth is unchanged at 3.0%, down from 8.2% in 2011 and an estimated 5.2% in 2012. While we now expect a marginal increase in oil exports, we note that progress on Kuwait's capital investment plans has so far been disappointing, and have revised down our forecasts for government spending and...
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