World Bank
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World Bank Hails Kuwait Bold Move To Cut Fuel Subsidies20 August 2016Kuwait's partial deregulation of gasoline prices represents a politically and economically bold move on energy subsidy reforms where handouts are among the highest in the world...World Bank Improving Business In Kuwait To Increase Gdp19 April 2017 A World Bank (WB) official has lauded the State of Kuwait’s political will for boosting business, indicating such progress will increase the Gross Domestic Product (GDP...Kuwaiti Economy Rises To 3 Percent In 2016 - World Bank17 June 2017The World Bank said on Thursday that 2016 economic growth in Kuwait climbed at a "modest" pace to three percent due to higher oil production and the implementation of maj...Kuwait Gdp Up 1.6 Pct – World Bank24 May 2019Kuwait’s GDP rose 1.6 percent in 2018 after dropping 3.5 percent the year prior, the World Bank revealed on Wednesday. The figures were mentioned by Issam Abousleiman, Gulf C...World Bank Warning Of Grave Risks To Lebanon's Stability10 November 2019The World Bank on Friday urged Lebanon to form a new Cabinet "within a week" to prevent further degradation and loss of confidence in its economy, warning of grave risks...Covid-19 To Plunge Global Economy Into Worst Recession Since World War Ii - World Bank09 June 2020The swift and massive shock of the coronavirus pandemic and shutdown measures to contain it have plunged the global economy into a severe contraction, announced the World Bank on M...Rethink On World Bank Deal27 April 2021The parliamentary Education, Culture and Guidance Affairs Committee on Sunday discussed the expenditures of the Education Ministry with representatives of the State Audit Bureau (S...Remittances From Kuwait Rose 20 Percent In 202015 May 2021A report released on 12 May by the World Bank showed that remittances from Kuwait in 2020 rose by nearly 20 percent compared to 2019 despite the coronavirus (Covid-19) pandemic. Ho...‘no Pact Inked With World Bank’31 May 2021Minister of Electricity and Water, Minister of Social Affairs and Community Development, Dr. Misha’an Al-Otaibi, said there is no contract between the Ministry of Electricity...Kuwait Lost 400,000 Full-time Jobs In 202005 August 2021The World Bank expected that oil exports will continue to boost economic growth in Kuwait and that growth will rebound to a moderate level of 2.4 percent in 2021 before increasing...Occupational Discrimination Against Women In Kuwait, Says Wb29 August 2021The World Bank (WB) is stressing Kuwait’s urgent need for equitable human capital formation, as the country ranks 77th out of 157 countries, a low ranking compared to other c...Over 5 Million Jobs Lost In Mena Due To Economic Shocks In Last Three Years: World Bank08 October 2023More than five million have lost jobs due to the economic shocks across the Middle East and North Africa (Mena) in the last three years while the number of young people continues t...Kuwait's GDP Will Grow By 2.6% In 2024, According To The World Bank10 January 2024Kuwait's GDP is forecast to grow by 2.6% in 2024 and 2.7% in 2025, according to the World Bank.In comparison with the estimated growth of 0.8% in 2023, this forecast represents a s...IMF And World Bank Align On Kuwait's Economic Growth17 April 2024The World Bank has upgraded its growth projections for Kuwait’s economy in 2024 to 2.8%, surpassing its earlier forecast of 2.6% made in January, reports Al-Seyassah daily. Similar...