Kuwait: Decline in Annual Spending

Decline of expats in public sector.
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Expenditures of citizens and expatriates during the first half of this year using bank cards amounted to about KD 11.8 billion, which is an annual decline of 0.8 percent compared to expenditures of KD 11.9 billion dinars in the same period last year.

 

The total payments through Point-of-Sale (POS) inside and outside Kuwait during the first half of this year were KD 5.49 billion, and the cash withdrawal using ATMs both inside and outside Kuwait during the same period stood at KD 6.29 billion.

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Data shows that the number of cheques issued without balance during the first half of 2019 was about 2,812, worth KD 42 million, issued by 2,000 customers.

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