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Middle EastApril 3 2017

Kuwait stands on the brink of reform

Kuwait enjoys a stable economy and respectable GDP, but as government attempts to transform the country into a regional hub for commerce and finance begin to affect its citizens, will opposition parties derail planned reforms? James King reports.
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Kuwait’s progress towards economic diversification is gathering pace. Leveraging low debt levels and sizeable financial buffers, the government is intent on transforming the country into a regional commercial and financial hub by 2035.

To achieve this, it is making huge investments in infrastructure and project development, alongside a sweeping package of reforms designed to improve competitiveness. These efforts are ensuring that economic growth is ticking along well above the regional average in the Middle East.

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