FINANCIAL RECOVERY INDEX, KUWAIT LAGS FAR BEHIND IN GULF

  • 31/08/2021

Kuwait City: Kuwait ranks last in Gulf in the economic recovery index from the effects of the Covid- 19 epidemic. The list was compiled by Mead Magazine. As the months passed without ending the epidemic, there were countries that reacted strongly to covid and its economic repercussions, the report said. And there are countries that do not make proper preparations.


The report also explains the rising unemployment rate in almost all countries, including the Gulf states, which have historically low unemployment rates. According to Mead, Kuwait and Oman will be the worst-hit countries by 2020.

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