The present report entitled “Social spending, expenditure efficiency and fiscal sustainability: strategies to rebalance the Kuwait budget” provides a critical analysis of public spending and mobilization of non-oil revenues in Kuwait, highlighting inefficiencies that risk fiscal sustainability. A heavy reliance on natural resources, combined with slow economic diversification and declining non-oil revenues, poses challenges to advancing the Kuwaiti economy and building fiscal space.

To read the full article: click here

Comments are closed, but trackbacks and pingbacks are open.