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Estimates indicate that Kuwait heavily relies on oil, accounting for up to 52% of the GDP. It is expected to invest more than 415 billion Kuwaiti Dinars in oil projects by 2026. There is also a plan to invest approximately 263 billion Dinars in energy and development projects, with a focus on improving oil infrastructure and developing the national oil industry. Projections suggest that the oil sector will remain a key driver of Kuwait's economy until 2026, with increased investments and expected growth rates reaching up to 8%. The emphasis will be on diversifying the economy and reducing dependence on oil in the coming years.
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