Saturday, 15 September 2012

Kuwait''s GDP bounces back, years after global financial crisis - report - MENAFN

The recent nominal GDP figures suggest that Kuwait's economy has bounced back reasonably well in the post-crisis period, a specialized economic report showed Friday.

The report, by Kuwait National Bank (NBK), added that the growth in six out of eight non-oil sectors has been higher over the last three years than before the global financial crisis.

The common perception is that Kuwait's economic performance has been poor in recent years. But nominal GDP growth has in fact bounced back reasonably well in the post-crisis period.

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