Kuwait’s Current Account Surplus Will Narrow Slightly On Higher Imports
Country Risk / Kuwait / Wed 28 Feb, 2024
Key View
- Kuwait’s current account surplus will narrow from an estimated 26.4% of GDP in 2023 to 24.9% of GDP in 2024 largely due to higher goods and services imports, as well as a slowdown in primary income credit growth.
- Meanwhile, the supply of international reserves held at the Central Bank will see only a tepid rise, as authorities will