KBA Workshop - Euromoney Conferences
KBA Workshop - Euromoney Conferences
KBA Workshop - Euromoney Conferences
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The current status, and the<br />
opportunities for the banking<br />
sector?<br />
The country is implementing a four-year plan (the<br />
biggest in the history of Kuwait), signaling a clear<br />
change in direction for the nation’s economy.<br />
It is a plan with a KD31 billion investment target and<br />
with mega projects.<br />
It is an ambitious plan, specially in relation the role of<br />
the private sector. In line with this, 50 per cent of the<br />
investments required under the plan should come from<br />
the private sector.<br />
Clearly, the banking sector should see an opportunity<br />
with provision of credit lines for the projects of the<br />
plan as long as government support is there.
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