Kuwait needs to urgently introduce reforms to its educational system to redress the current mismatch between education outcomes and labor market requirements in the country, says a new report by the International Monetary Fund (IMF).
The IMF also pointed out that in order to cater to the large number of youth who join the labor pool each year, the government will have to create around 100,000 new jobs between now and 2025. With the public sector saturated, the new jobs will have to come mainly in the private sector.
The Fund recommended that in order to develop a vibrant non-oil sector and encourage more Kuwaitis to join the private sector, the existing huge wage disparity between jobs in the public and private sectors will have to be bridged.
