1. Kuwait’s Economy: Major Surgery Needed

    ...ntral to Kuwait’s travails is a dependence on oil revenues that is high even by regional standards. Oil revenues account for nearly 90% of government revenues, and Kuwait has failed to increase non-oil revenues even since oil prices dropped in 2014. The amended 2020-21 budget (year ending 31 March 2021) en...

    Volume: 63
    Issue: 52
    Published at Thu, 24 Dec 2020
  2. India Crude Imports: Long Covid

    ...r the first 11 months of 2020 as a whole crude imports averaged 3.81mn b/d, down 13.6% year-on-year, and the lowest figure since 2014.   *The latest official data for November shows India’s top suppliers continuing to turn in lacklustre performances. Number one Iraq with 821,000 b/d and nu...

    Volume: 63
    Issue: 52
    Published at Thu, 24 Dec 2020