Government Role in the Economy


Kuwait's government plays a dominant role in the local economy trying to reduce that role as it liquidates its equity holdings in private Kuwaiti firms and privatized parastatal entities. These include interests in many of the major private companies in Kuwait and most of the banks.

Kuwait encourages private sector investment in information and communication technology, through Internet and data service providers (building networks, establishing national data infrastructure), providing low-cost services to consumers and renting government sites at competitive rates that serve both parties.