(Bloomberg) --
Kuwait will no longer hire expatriates for jobs in its oil sector as the OPEC member moves to reduce the number of foreigners in the country.
Non-Kuwaiti nationals won't be hired at Kuwait Petroleum Corp., the main state-run energy producer, and its subsidiaries for 2020-2021, Kuwait News Agency reported, citing Oil Minister Khaled Al-Fadhel.
Third-party contracts with expatriates, through which some of them are currently employed, will be reduced, the minister said.
Kuwait Doesn't Want to Be an Expat-Majority Nation Anymore
Kuwait's prime minister last week said the country's expatriate population should be more than halved to 30% of the total, as the coronavirus pandemic and a slump in oil prices send shudders through Gulf economies. Foreigners account for nearly 3.4 million of Kuwait's 4.8 million population, and “we have a future challenge to redress this imbalance,” Sheikh Sabah Al-Khalid Al-Sabah said.
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