Kuwait: 2008 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Kuwait

June 19, 2008

Preview Citation

Format: Chicago

Kuwait: 2008 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Kuwait, (USA: International Monetary Fund, 2008) accessed December 23, 2024

Summary

The strong economic and financial position of Kuwait has improved further, but inflation has risen. The nation has made significant progress on the issues raised in the 2007 consultation. Kuwait’s integration into the global economy has been increasing in recent years. Global integration is underpinned by active membership in global and regional trade initiatives and an ongoing push to liberalize domestic regulations. Both the external current account and fiscal positions are projected to remain in large surplus, albeit at declining levels owing to the high import intensity of the planned investment projects.

Subject: Balance of payments statistics, Banking, Commodities, Economic and financial statistics, Fiscal policy, Income, National accounts, Oil, Oil prices, Prices

Keywords: Balance of payments statistics, CR, Exchange regime, Global, Government, ISCR, Kuwait, Kuwait's competitiveness, Kuwait's government, Oil, Oil prices, Stock market index, U.S. dollar exchange rate

Publication Details

Pages:

47
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2008/191
Stock No:

1KWTEA2008001
ISBN:

9781451822366
ISSN:

1934-7685

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