Kuwait Government Focuses on Economic Reforms in Work Program

Kuwait Government Focuses on Economic Reforms in Work Program

KUWAIT CITY, Feb 10: The recent unveiling of the government’s work program has highlighted a dedicated focus on launching economic reform initiatives aimed at achieving a balanced national economic structure. Emphasizing the long-term sustainability of economic and social well-being, the program prioritizes projects and financial policies geared towards boosting non-oil revenues within the general budget, …

<p>The post Kuwait Government Focuses on Economic Reforms in Work Program first appeared on ARAB TIMES - KUWAIT NEWS.</p>KUWAIT CITY, Feb 10: The recent unveiling of the government’s work program has highlighted a dedicated focus on launching economic reform initiatives aimed at achieving a balanced national economic structure. Emphasizing the long-term sustainability of economic and social well-being, the program prioritizes projects and financial policies geared towards boosting non-oil revenues within the general budget, reports Al-Qabas daily. Economic stakeholders have expressed optimism regarding forthcoming economic and financial reforms while stressing the urgency of expediting the implementation of diversification policies. These measures are praised for their potential to strengthen Kuwait’s financial standing and enhance its international competitiveness, offering significant opportunities for private sector involvement, particularly in projects such as the development of the northern region as a hub for local and foreign investments. At the core of