Entries tagged with “kuwait”

Articles

5 articles found for kuwait:

  • Kuwait Inflation Is at Its Lowest Since March 2004

    Kuwait’s consumer inflation declined to 0.5% YoY in September 2017 following a 1.2% YoY gain in August, according to Kuwait’s Central Statistical Bureau. This was the lowest inflation since March 2004. 

  • Fiscal Deficit Overview in the GCC

    A sustained slump in oil prices has eaten into the fiscal buffers that GCC countries built up over years of plentiful oil revenues.

    While the region witnessed an acute deterioration in its external and fiscal balances over the past three years, GCC countries anticipate a relatively lower fiscal deficit in 2017 as compared to the previous year, likely due to a series of reforms within the region as well as a rally in oil prices due to production cuts. 

  • OPEC Expects an Equilibrium in the Global Oil Demand-Supply Equation

    Although oil prices remain volatile, the anticipation of improving global economic climes coupled with a 0.6 mn bpd cut in production by non-OPEC oil-producing countries could cushion oil prices in 2017.

  • OPEC Production Cuts Announced — Rebalancing Expected in 2017

    OPEC members agree to cut crude production to 32.5mn b/d until June 2017 — reducing global oil supplies by about 1%.

    The agreement among all 14 member countries will be effective for six months starting January 2017, with a provision to extend the deal until December.

  • Expect Sturdy Growth in the GCC’s Education Sector

    Most oil-exporting Arab states face the analogous challenges of fostering inclusive growth and creating job opportunities. The present slump in oil prices has exacerbated these challenges. Given the facts, economic diversification could be a viable option to boost growth, create jobs, and improve resilience to oil price volatility in the long run.

    This won’t be possible, however, unless the GCC’s education sector can gear up to give their students a fighting chance on a global playground.


Blogs

1 blog posts found for kuwait:

  • Demonetization — And The Debate Goes On

    As Diwali festivities draw to a close, the first anniversary of the bold move to demonetize the Indian economy approaches fast. But, as it was then, the debate over it being a disruptive or innovative policy continues to rage.

    Honestly, there is no definite answer.  


Infographics

1 infographics found for kuwait:

  • The GCC Facilities Management Market

    The facilities management market in the Gulf Cooperation Council (GCC) could be worth about USD 51 billion by 2020, driven by a rise in the number of construction projects, stricter regulations, and technological advancements.