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Euromoney Kuwait conference kicks off in Kuwait City

Source: Xinhua| 2018-09-26 00:43:00|Editor: Shi Yinglun
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KUWAIT-KUWAIT CITY-EUROMONEY KUWAIT CONFERENCE

Kuwaiti Minister of Finance Naif Al-Hajraf delivers an opening speech at the Euromoney Kuwait Conference 2018 in Kuwait City, Kuwait, Sept. 25, 2018. The 10th annual Euromoney Kuwait Conference, which aims to boost Kuwait's financial sector, kicked off on Tuesday in Kuwait City. (Xinhua/Joseph Shagra)

KUWAIT CITY, Sept. 25 (Xinhua) -- The 10th annual Euromoney Kuwait Conference 2018, which aims to boost Kuwait's financial sector, kicked off on Tuesday in Kuwait City.

The one-day meeting discussed the sustainability of Kuwait's macro-economic model, revenue expansion, deficit funding, capital expenditure financing and the development of the private sector.

It also shed light on the possibility of private investment in Kuwait's infrastructure including transport, energy and electricity and water.

The conference also discussed ways to attract private investment to the country, as part of implementing the "Kuwait 2035" strategy.

About 500 local and international experts and heads of local banks participated in the conference.

Kuwait 2035, a national development strategy to turn the country into a trade and financial hub, was unveiled in February 2010 in an effort to transform the country's traditional oil-reliant economic structure.

Euromoney Conferences is the world's leading organiser of events for capital markets and investment professionals. It has held events in over 60 countries since its founding in 1969.????

KEY WORDS: Kuwait
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