Country Profile
From The Report: Kuwait 2017
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Kuwait is a member of both the Organisation of the Petroleum Exporting Countries and the GCC. Additionally, it is considered by many to be the most politically dynamic country in the Gulf, which has afforded it strong foundations to help tackle recent issues concerning parliamentary elections and accountability; it has also played a key mediating role in the 2017 diplomatic crisis between Qatar on one side and Saudi Arabia, the UAE and Bahrain on the other. By continuing with economic diversification efforts and reducing dependence on oil revenues, Kuwait is also adding momentum to several large infrastructure projects. The tabled projects are set to further integrate the country into the global economy.

This chapter contains a viewpoint from Emir Sheikh Sabah Al Ahmed Al Jaber Al Sabah and an interview with Prime Minister Sheikh Jaber Al Mubarak Al Hamad Al Sabah.

Articles from this Chapter

Overview

Actioning progress: Major governmental infrastructure plans move ahead
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Kuwait is a member of both the Organisation of the Petroleum Exporting Countries (OPEC) and the GCC. Additionally, the country is arguably the most politically dynamic in the Gulf, which has afforded it strong foundations to help tackle recent issues concerning parliamentary elections and accountability. By continuing with economic diversification efforts and reducing dependence on oil revenues, Kuwait is also adding momentum to several large infrastructure projects. The tabled projects are…

Viewpoint

Spirit of cooperation: Emir Sheikh Sabah Al Ahmed Al Jaber Al Sabah, on preserving national unity and ensuring a prosperous future
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Viewpoint: Sheikh Sabah Al Ahmed Al Jaber Al Sabah I have repeatedly outlined the difficulties that we face and the magnitude of the challenges that hinder our country’s progress. These challenges hinder our continuing efforts to protect our country and ensure its stability. At the same time, we are equally mindful of preserving the happiness and dignity of our citizens and ensuring a prosperous future for them and for the next generations to come. It is a matter of concern that these challenges…

Interview

A balanced approach: Prime Minister Sheikh Jaber Al Mubarak Al Hamad Al Sabah, on restructuring the economy
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Interview: Sheikh Jaber Al Mubarak Al Hamad Al Sabah What initiatives are being carried out under the government’s fiscal restructuring programme, and how successful have they been so far? SHEIKH JABER AL MUBARAK AL HAMAD AL SABAH: The fiscal and economic reform programme has already partially contributed to the improvement of the final accounts for FY 2015/16 – an actual deficit of KD4.6bn ($15.2bn) versus an estimated budget deficit of roughly KD6.6bn ($21.8bn). The other key contributing…

Analysis

East meets Middle East: Changing times call for new relations with China and Russia
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The past decade has seen substantial changes in the global economy and geopolitics, with the rise of China and Russia’s re-emergence on the global stage being two particularly important trends. These developments are creating new opportunities for GCC member states as they look to diversify their economies and trade, seek investment opportunities in emerging markets, and forge partnerships for regional peace and stability. Mutual Interests At the G20 summit held in China’s Hangzhou…

Analysis

East meets Middle East: Changing times call for new relations with China and Russia
OBG
plus

The past decade has seen substantial changes in the global economy and geopolitics, with the rise of China and Russia’s re-emergence on the global stage being two particularly important trends. These developments are creating new opportunities for GCC member states as they look to diversify their economies and trade, seek investment opportunities in emerging markets, and forge partnerships for regional peace and stability. Mutual Interests At the G20 summit held in China’s Hangzhou…