Kuwait will most likely implement the Value Added Tax (VAT) this year or next year, says the latest World Bank report on the economies of the member-nations of the Gulf Cooperation Council (GCC). The World Bank also predicted that the economy of Kuwait will increase by 2.4 percent within 2021; followed by a projected 3.2 percent growth in the next two years — 2022 and 2023.
Source: arabtimesonline.com
