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Home KuwaitKuwait finance minister sees boost in projects, diversification under parliament suspension

Kuwait finance minister sees boost in projects, diversification under parliament suspension

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Sept 3 (Reuters) – Kuwait’s acting finance minister said that the temporary suspension of parliament will help the government boost its flexibility in decision-making and carry out infrastructure projects as part of efforts to diversify the economy and implement structural reforms.

Kuwait’s non-oil sector grew “slightly,” by 3.6%, in 2024, Acting Minister of Finance Subaih Al-Mukhaizeem said in his latest economic report, but is expected to see stronger growth amid what he described as “fiscal consolidation.”

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