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Kuwait’s GDP falls 4.4pc in Q4 2023: NBK Research

Preliminary estimates from National Bank of Kuwait  Economic Research show the Kuwait’s GDP declined by 4.4% y/y in Q4 2023, easing slightly on Q3’s outcome of -5.8%. The oil sector remained constrained by Opec-mandated crude oil production cuts, while the non-oil sector recorded a steeper decline than in the previous…

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