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The Central Bank of Kuwait Podcast

This is completely random but the Central Bank of Kuwait launched a podcast a few days ago. They’re the last people I would have expected to start a podcast, but they seem they have a good reason for it. According to the podcast description, they want to introduce economic and financial awareness to people and explain major economic concepts to non-financial folks.

They currently have one episode up so far which is on inflation, so if you want to check it out, click here.

14 replies on “The Central Bank of Kuwait Podcast”

Great idea, but I don’t think it’s the best medium for financial literacy. They should also introduce financial literacy at younger ages or incorporate it into school curriculums.

It has been incorporated into school curriculums but students are not a big fan.

I studied Business Studies, Economics and Accounting since I was 13

Just to add, they have an ongoing campaign in cooperation with local banks (primarily via social meida), to increase peoples knowledge on safety in banking and avoiding fraud

If CBK is reading this can you explain to us why is it that when an expat needs to get a loan, the economy is in turmoil and there are so many barriers(minimum capital of the company, Kuwaiti guarantor etc) to getting a loan however a local can walk in and take a loan upto 5 times his or her salary without any questions asked?

It’s shocking that expats are keeping all their money in the banks only for them to not only not get any financial aid when needed but that same money is being loaned out to locals for their frivolous needs while we expats are on the mercy of our salary only incase of any emergencies expenses.

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