Kuwait to record highest non-oil budget deficit among GCC countries - ARAB TIMES - KUWAIT NEWS

KUWAIT CITY, Nov 21: The International Monetary Fund (IMF) projected that Kuwait will record the highest non-oil budget deficit among the Gulf countries at 68.7 percent in 2021, reports Al-Rai daily. A governmental study included a comparison of forecasts for the economy of Kuwait and other Gulf countries, in which the fund hinted that the government debt to gross domestic product (GDP) ratio for the current year will reach 36.6 percent, while the average in the Gulf will be 43 percent

Stay connected with us on social media platform for instant update click here to join our T witter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest Business News Click Here

Read original article here

Denial of responsibility! Rapidtelecast.com is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.

Kuwait to record highest non-oil budget deficit among GCC countries – ARAB TIMES – KUWAIT NEWS