May 16, 2017
In a time of fiscal consolidation and regional economic reforms, Kuwait has embraced regulatory reform to boost its private sector and attract foreign investment. For example, Kuwait’s privatization laws are among the Gulf Cooperation Council’s most explicit and generous toward access to the sale of state assets to citizens. Kuwait’s success in reducing its fiscal expenditure by slashing subsidies, however, has been more contentious. Domestic politics in Kuwait are revealing new nativist tensions in job creation for nationals, along with pressure from Kuwait’s active parliamentarians.
AGSIW was pleased to host a conversation with H.E. Yousef Al-Ebraheem to address Kuwait’s challenges and opportunities in an age of economic reform.