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