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Country Economic Forecasts > Kuwait

  • March 2017
  • -
  • Oxford Economics
  • -
  • 8 pages

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Our forecast for growth is unchanged, with GDP seen declining 0.7% this year - the worst performance since 2010 - on the back of OPEC-led cuts in oil output at the start of the year. But growth in the non-oil economy will see further, albeit gradual, improvement to 2.5% in 2017, despite the latest hike in interest rates by the central bank.

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