The Report: Kuwait 2016

preview-18
  • The Report: Kuwait 2016 Book Detail

  • Author : Oxford Business Group
  • Release Date : 2016-09-16
  • Publisher : Oxford Business Group
  • Genre :
  • Pages : 216
  • ISBN 13 : 1910068659
  • File Size : 75,75 MB

The Report: Kuwait 2016 by Oxford Business Group PDF Summary

Book Description: Home to the largest per capita reserves and fourth-largest total reserves of crude oil within OPEC, Kuwait’s public finances have suffered in 2016 following the rapid decline in oil prices, which drove oil revenues down from $108.6bn in 2013 to $51.8bn in 2015. Despite this Kuwait has resisted significant budgetary cutbacks: spending levels in 2016 were cut by just 1.6%, and the considerable financial buffers built up from budget surpluses in the years leading up to 2014 are expected to cushion the budget deficit. The country continues to push ahead with key public investments, with Parliament allocating $155bn to the Kuwait Development Plan 2015-20 to fund infrastructure, utilities and housing developments. The plan focuses on further integrating the private sector into areas of the economy traditionally under state control and aims to raise the non-oil sector’s GDP contribution to 64% in 2015-20, up from an average of 45.1% in 2010-13. Elsewhere promising moves are being made to cut state subsidies, with the government opting to liberalise diesel and kerosene prices and reduce subsidies on aviation fuel in January 2015, generating savings equal to 0.3% of GDP.

Disclaimer: www.yourbookbest.com does not own The Report: Kuwait 2016 books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

The Report: Kuwait 2016

The Report: Kuwait 2016

File Size : 70,70 MB
Total View : 7962 Views
DOWNLOAD

Home to the largest per capita reserves and fourth-largest total reserves of crude oil within OPEC, Kuwait’s public finances have suffered in 2016 following t

Kuwait

Kuwait

File Size : 9,9 MB
Total View : 9511 Views
DOWNLOAD

This 2016 Article IV Consultation highlights that the economic activity in the non-oil sector in Kuwait has continued to expand, albeit at a slower pace, reflec

Kuwait 2016 Human Rights Report

Kuwait 2016 Human Rights Report

File Size : 13,13 MB
Total View : 1196 Views
DOWNLOAD

Principal human rights problems included limitations on citizens' ability to choose their government; restrictions on freedom of speech and assembly, especially

Kuwait

Kuwait

File Size : 57,57 MB
Total View : 6813 Views
DOWNLOAD

Kuwait remains pivotal to U.S. efforts to secure the Persian Gulf region because of its consistent cooperation with U.S. strategy and operations in the region a

Kuwait

Kuwait

File Size : 40,40 MB
Total View : 8105 Views
DOWNLOAD

This 2015 Article IV Consultation highlights that decline in oil prices has adversely affected Kuwait’s fiscal and current account balances and slowed growth