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Kuwait’s economic potential: A wake-up call

Aerial view of Kuwait City. Kuwait's economic potential is in some ways hindered by its wealth, as 90 percent of its oil revenues go to its Reserve Fund for Future Generations Pexels/Nour Kaloush
Kuwait's economic potential is in some ways hindered by its wealth, as 90 percent of its oil revenues go to its Reserve Fund for Future Generations

Project approvals in Opec’s fifth-largest producer are at their highest since 2017, according to the independent National Bank of Kuwait (NBK). That may be because the emirate is planning to expand oil production capacity by up to 40 percent to 4 mi...