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1.1 billion dinars in 757,000 domestic worker wages remain largely outside banking system - Times Kuwait
Summary by timeskuwait.com
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1.1 billion dinars in 757,000 domestic worker wages remain largely outside banking system - Times Kuwait
Official data issued by the Central Bureau of Statistics shows that Kuwait is home to approximately 757,000 domestic workers, earning average monthly wages of around KD 120. This translates into a combined monthly payroll of nearly 90 million dinars, or about 1.1 billion dinars annually, underscoring the sector’s significant economic and human footprint and the urgent need to integrate it into the formal banking system. Despite the scale of this…
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