الاقتصاد الكويتي يطوي صفحة 2023... ويترقب القادم
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00:00 "The economy of Kuwait can be seen from more than one perspective.
00:06 First, it was a year of expansion and the change of direction in terms of income.
00:12 For the first time in nine years, Kuwait regained financial benefits,
00:17 which increased by 6 billion dinars.
00:20 The benefits were paid for by the great improvement in oil prices."
00:24 "We must admit that this benefit or these investigations were the result of geopolitical circumstances,
00:31 where the average price of oil per barrel was 97 dollars,
00:35 which is a high number compared to previous years."
00:39 "The year 2023 was the year of the Zor oil rig,
00:44 which is currently operating at its maximum repetitive power,
00:48 which is 615 thousand barrels per day.
00:52 The oil rig is one of the top ten oil rigs in the world,
00:56 which is a clear sign of the development of oil industry."
00:59 "It is distinguished by its ability to repetitively use all types of Kuwaiti oil,
01:06 from light to heavy oil.
01:09 The Zor oil rig is also distinguished by its high repetitive power."
01:14 "Despite many changes that occurred in the political waters in Kuwait in 2023,
01:20 the new government's approach or the announcement of a reform program was not effective.
01:27 The UN's deputies opposed the tax-imposed projects,
01:30 the plans to re-tax services,
01:33 the public debt law,
01:35 and criticized it as a lack of improvement for the citizens' livelihood."
01:39 "If this program was a financial stimulus,
01:47 it would have been a public debt, and I am telling you,
01:51 Mr. President, don't give up, because this program will not work."
01:55 "Despite the government's public involvement,
01:57 there was no significant progress in the files of the huge economic challenges.
02:02 There is still a long list of issues,
02:04 such as the sanctification of the government apparatus,
02:06 the acquisition of the salaries of workers at a higher rate than the budget,
02:11 the large number of subsidies, and the revocation of services.
02:14 In contrast to a private sector that is less interested,
02:17 has limited opportunities, and has no incentives."
02:20 "Structural reforms must be implemented quickly
02:26 to ensure a strong economy and a sustainable economy."
02:31 "Kuwait is looking forward to 2024,
02:36 and the continuation of oil prices is a fact,
02:40 but it is subject to many economic and geopolitical changes.
02:45 Reform is a policy that is announced,
02:48 but it needs to be in harmony and common between the two authorities.
02:52 Perhaps a new leadership has announced the importance of adopting reforms
02:57 as a path that may finally lead to the implementation of these ambitions."
03:01 Osama Rashid, Sainbisi Arabia, Kuwait