Kuwait is expanding private sector engagement as part of efforts to cushion the economic blow from the coronavirus pandemic, its chamber of commerce said on Wednesday, citing extensive talks over the matter.
Besides being a health crisis of epic proportions, the COVID pandemic has decimated many of the world’s economies, Kuwait Chamber of Commerce and Industry chief Mohammad AlSager said amid talks over the pandemic’s impact on the economy.
The chamber has “assembled a plan” to help resuscitate the national economy after the ill effects sparked by the pandemic, the official underlined, saying it involved both the public and private sectors in equal capacity.
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Source- KUNA