kuwait increase oil production

kuwait increase

Kuwait Increasing oil production 2023.             kuwait economy 2019 The economy has been driven by a more active contribution from the oil industry, Kuwait aims to provide non-oil economy.  The volatile world, world economy and regional political tensions pose adverse risks to the Kuwaiti outlook.  FocusEconomics economic analysts said growth will be 1.4% in 2019 and 2.4% in 2020, down 0.3 percentage points from last month's forecast.  Kuwaiti officials plan to increase production by 4 million barrels of oil equivalent per day by 2020. Kuwait oil accounts for more than half of GDP, 92% of export revenue and 90% of government revenue