Kuwait: Staff Report for the 2003 Article IV Consultation

July 12, 2004

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Kuwait: Staff Report for the 2003 Article IV Consultation, (USA: International Monetary Fund, 2004) accessed November 21, 2024

Summary

The staff report for the 2003 Article IV Consultation on Kuwait highlights the economic developments and policies. The macroeconomic position over the medium term under current oil price expectations and the maintenance of a cautious policy stance is projected to weaken, but is not expected to pose sustainability issues. The implementation of the official reform program should be accelerated to further strengthen the fiscal position and create the institutional and legal environment needed for promoting private investment.

Subject: Banking, External position, Fiscal policy, Fiscal stance, Foreign assets, National accounts, Oil prices, Prices

Keywords: CR, Deposit rate differential, Economy, Fiscal stance, Foreign assets, Foreign direct investment law, Global, Government, Household expenditure survey, IMF staff estimate, ISCR, Kuwaiti dinar, Kuwaiti economy, Oil prices, Revenue side, Stock market-ha, Surplus

Publication Details

Pages:

63
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/186
Stock No:

1KWTEA0022004
ISBN:

9781451822304
ISSN:

1934-7685

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