IMF report at the annual meetings in Bangkok
IMF expects double-digit contraction in Kuwait's economy in 2026
Followed by a recovery at similar rates in 2027
The International Monetary Fund expects Kuwait's economy to contract at a double-digit rate in 2026, alongside Bahrain, Iraq and Qatar, before recovering at similar rates in 2027. The Fund also raised its forecast for global growth in 2026 to 3.1%, up from its July estimate of 3%.
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Silvana TenreyroEconomic Counsellor and Director of Research, International Monetary Fund
