2023-05-13 18:51:24
Kuwait City | It is estimated that expatriates in Kuwait sent 540 crore Kuwaiti dinars to their countries last year. However, Central Bank data shows that there has been a decrease of 2.17 percent in the remittances sent by non-residents compared to 2021. In 2021, it was 550 crore dinars.
Meanwhile, figures show that Kuwaitis spent huge sums on travel last year, the highest since Covid-19. Total expenditure in the first quarter of last year was 113 crore dinars, 83 crore 58 lakh dinars in the second quarter, 110 billion dinars in the third quarter and 9,350 crore dinars in the fourth quarter.
There has also been an increase in tourist spending within Kuwait. In 2022, the total expenditure will reach 3,330 crore dinars. There was also an increase in imports. Figures indicate that goods worth 860 crore dinars were imported in 2022. 840 crore in the previous year.
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