World Bank lauded economic steps that have been taken by the Kuwaiti government

 

 

The World Bank has lauded economic steps that have been taken by the Kuwaiti government for boosting the private sector, saying these moves “are on the right track”. The Kuwaiti government is seeking to limit the state participation in the economy to bolster the private sector and minimize barriers facing commerce and investments, the report notes. Key initiatives that have been taken by the Kuwaiti government cover laws, privatization, partnership between the private and public sectors in fields such property development, education, water, sewage, transports and management of solid waste. These efforts have been exerted in the right direction, the WB report affirms.-K.T.

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