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Kuwait Financial Forum was launched in 2009 against the backdrop of the financial crisis, transformational changes, and the much needed efforts for reform in the financial and banking system. Emerging new trends in global and regional banking, stimulating economic growth through the banking system as well as prospects and challenges facing this sector were at the heart of the Kuwait Financial Forum discussions.
EFG Hermes expects 4% GDP growth this year on the back of a 25% jump in public sector wages, Barclays Capital predicts a 4.7% non-oil growth for Kuwait, coupled with hydrocarbon revenue growth of 5.4%
