Immigration to Kuwait video

With the industrial revolution, oil has also become the focus of protection and pursuit in various countries. In most countries in West Asia, it is located in a desert area, with little water resources, but rich oil resources, so many countries import crude oil here to their own countries.

Rich in oil resources

There is a country here, which is very poor in water resources but rich in oil resources. In this country, "water is more expensive than oil" is the norm. Most of the land area is in the desert, which is very dry, so the water here is very expensive. But there are abundant oil resources here, that is Kuwait, which is a world-famous oil producer. It is reported that the oil reserves here are about 94 billion barrels, accounting for one tenth of the world's total oil reserves, ranking fourth in the world, which shows that there are abundant oil resources here.

Because of its rich oil resources, it has also become the economic pillar of this country. It is reported that more than 45% of GDP is produced by oil. Because of its rich oil resources, this country is also very rich. Take the currency of this country as an example. The common currency in Kuwait is the dinar. Many people may not have heard of this currency, but it is very valuable in the global oil trade. Take the dollar as an example. For many people, the dollar is very valuable as an international currency, but 1 dinar can be exchanged for nearly 3 dollars, which shows that the dinar is expensive and valuable.

The richest country in the world.

In Kuwait, the dinar is the common currency, and the largest dinar has a denomination of 20 dinars, unlike China's hundred-dollar bills and 50 yuan's bills. However, we should know that the exchange rate between dinars and RMB is very high, and we should know that 20 dinars is almost close to 450 yuan compared with RMB. This shows the high value of the dinar, which is why Kuwait is one of the richest countries in the world.

Moreover, it is reported that Kuwait not only has high income, but also has a high standard of living. Many people get a lot of money even if they don't go out to work. Moreover, locals can get villas when they get married. Most people here have cars, and most of them are luxury cars. Here, BMW and Mercedes-Benz can only be regarded as low-grade cars, and limited-edition sports cars can be seen everywhere in the city. When local people see those Honda and Toyota, they all think that this kind of car is disrespectful to themselves, especially to local tyrants. It is normal to have a Bugatti, which shows how rich people here are.

And the tourism culture here is also very high. Many people like to travel here, especially China people. There are also well-known star-rated hotels here, and many people come here to play.

It is reported that as local residents in Kuwait, due to the perfect local labor security, many college graduates have a starting salary of 2,000 dinars, which is equivalent to 44,000 RMB in China, which shows how high people's income is here. Moreover, most of the locals work in Kuwait's state-owned oil companies. In addition to salary, the local fringe benefits are as high as $2,000 per month, which is very high.

The wealth of Kuwait is no ordinary wealth. This country is very willing to spend all its money on its citizens. Here, citizens enjoy all kinds of medical care and education free of charge, all of which are provided by the state, and there are certain subsidies for housing, life, childbirth and drinking water. In the face of high oil prices, this country will also find gold for its citizens. Even if it is not high, a person can almost get 1.4 million RMB a month, which shows how good this country is for the welfare of its citizens, so people from many countries around the world want to immigrate to Kuwait.

The plunge in oil prices.

However, although in 20 19, Kuwait's annual GDP reached1369.4 billion US dollars, in 2020, in the face of the global oil price downturn and global public health incidents, the whole of Kuwait was hit very hard. We should know that oil is Kuwait's main financial revenue, and the low oil price this year led to oil revenue in the first half of the year.

This year, Kuwait's fiscal deficit has exceeded 3 1, 4 1 billion yuan. However, according to foreign media reports, Kuwait's finance minister said that Kuwait's current national treasury is only 44.75 billion yuan. From this comparison, we can see that the deficit is very serious, and more than 250 billion is unknown.

Moreover, in the face of such a situation, Kuwait began to say that from June 5438+this year 10, the state did not have enough money to pay employees. Many people may face the result that they can't get paid when they go to work, so people have said that it can be said that it is a glory and a loss!

Highly dependent on the oil industry

Unexpectedly, Kuwait, which made a fortune from oil in the past, can't even pay the salaries of employees of state-owned enterprises now, let alone those who don't go to work, and have no money to receive. Many people face problems in their lives.

In view of this situation in Kuwait, many experts said that Kuwait should begin to transform and should not be highly dependent on the oil industry. If one day new energy suddenly appears, oil will be seriously frustrated and the whole country may go bankrupt. Develop in many ways, or ask for it.

It is also said that in addition to abundant oil, Kuwait is also rich in natural gas resources, with a reserve as high as 1.78 trillion cubic meters, ranking 18 in the world. Therefore, even if Kuwait is poor, it can get rich again soon.

However, we can't rely on renewable resources as the economic pillar. Without these resources, where will the country go in the future?

So, what do netizens think of Kuwait's development model?