Middle East Economic Survey

VOL. LIII

No 23

7-Jun-2010

KUWAIT

NBK Projects 3% Kuwaiti Growth In 2010

The Kuwaiti economy is expected to grow by 3% in 2010, stemming from strength in the non-oil sector, with faster growth expected in 2011 and beyond as new government projects gradually come on line, the National Bank of Kuwait (NBK) has said in its latest economic brief. Data for the first few months of this year support this view of gradual improvement, and we expect the 2010 pace of growth to...