Elsewhere, the government plans to boost private sector participation through state economic and financial reforms, a focus on the knowledge economy and the overhauling of the tourism industry.
Kuwait to invest $15.75bn in 2017–18 development plan
In 2008, much of Europe’s financial system lay in ruins, its economy and employment under grave threat. Public funds were used to prop up the financial system: spending on public services was cut. Recent decades have…