Page 11 - Kuwait-Three-Years-Business-Outlook-2019-2020-2021

S.W.O.T. Analysis KHOA
Kuwait Economy

Opportunities

Strengths
The potential for investors in Kuwait to benefit
from reconstruction work in its neighbor,
Oil wealth typically enables the state The government has ample assets in
to run fiscal and external surpluses; sovereign wealth and reserve funds to keep
although the budget balance turned the economy afloat despite lower oil prices.
negative in 2016, we believe that it will
return to positive territory over coming
years. In the meantime a large fiscal
buffer will allow spending to be
maintained without damaging the
sovereign profile.

Threats
Weaknesses
The pace of economic reform is being
hampered by vested interests within
Oil accounts for roughly half of both the National Assembly and the
GDP,and more than 90% of both total ruling al-Sabah family, with the
export earnings and government government
revenues, with the non-oil economy having to look for ways to push
still relatively underdeveloped.
through changes without recourse to
parliament.
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