IMF Staff Country Reports

Kuwait: Selected Issues

December 2, 2013

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Kuwait: Selected Issues, (USA: International Monetary Fund, 2013) accessed December 26, 2024

Summary

This Selected Issues paper estimates the optimal allocation of government current spending, precautionary saving, and investment for Kuwait under uncertainty. The results show that in the face of high oil income volatility and the expected decline in oil prices, projected current spending exceeds the optimal amount over the medium term (2013–2018). However, there is room to increase investment spending, which should contribute to the growth of the tradable sector, as the projected investment rate is lower than the optimal investment rate of 20 percent of government income.

Subject: Banking, Capital adequacy requirements, Commercial banks, Consumption, Financial institutions, Financial regulation and supervision, Income, National accounts, Oil prices, Precautionary savings, Prices

Keywords: Bank, Capital adequacy requirements, Commercial banks, Consumption, CR, East Africa, GCC country, Global, Income, Investment companies operations, Investment rate, Investment spending, Investment trust, ISCR, Labor market, Middle East, North Africa, Oil prices, Rate, Spending, Unviable ICs

Publication Details

  • Pages:

    43

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2013/337

  • Stock No:

    1KWTEA2013002

  • ISBN:

    9781475550818

  • ISSN:

    1934-7685