Kuwait: Selected Issues

December 9, 2014

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Format: Chicago

Kuwait: Selected Issues, (USA: International Monetary Fund, 2014) accessed November 23, 2024

Summary

This Selected Issues paper discusses the designing and implementing of Kuwait’s fiscal policy for the medium term. Fiscal policy has a major role to play in supporting macrostability and diversification. The fiscal strategy design and implementation on a yearly basis are based on a few key areas such as determining targets or ceilings for major fiscal parameters for a three-year rolling framework with binding next budget year and indicative two outer years, establishing a clear process for expressing policy objectives and their link to expenditure, etc. The illustrative budget sequencing with the fiscal strategy spearheading medium-term fiscal policymaking and linked to the annual budget process would support fiscal policy implementation.

Subject: Budget planning and preparation, Expenditure, Financial services, Islamic banking, Public financial management (PFM), Public investment and public-private partnerships (PPP), Shadow banking

Keywords: Asset, Australia and New Zealand, Bank, Budget planning and preparation, CR, Expenditure framework, Firms decline, Global, Investment, Investment company, ISCR, Islamic bank, Islamic banking, Kuwait, Management framework, Public investment and public-private partnerships (PPP), Road construction cost estimates Metro, Shadow banking, SME sector, Support program

Publication Details

Pages:

66
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2014/334
Stock No:

1KWTEA2014002
ISBN:

9781498381307
ISSN:

1934-7685

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