IMF Staff Country Reports

Kuwait: Selected Issues

December 2, 2015

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Kuwait: Selected Issues, (USA: International Monetary Fund, 2015) accessed November 23, 2024

Summary

This Selected Issues paper analyzes energy price reform in Kuwait. It emphasizes that Kuwait should take advantage of current low global energy prices to strengthen efforts to reform domestic energy prices. In the longer term, this would benefit growth by increasing efficiency in the economy and creating space for higher public and private investment. In the short-term, one-off effects on inflation should be manageable. Productive activities more sensitive to energy costs, particularly the transport sector, would be able to adjust to higher energy prices more easily if the reform is gradual.

Subject: Employment, Energy prices, Fuel prices, Inflation, Labor, Labor markets, Prices

Keywords: Africa, Asia and Pacific, Beverages company, Companies debt, CR, Debt, Employment, Energy price, Energy prices, Europe, Firm, Fuel prices, Global, Inflation, Installments loan, ISCR, Labor markets, Price, Real estate, Transport company, Wage subsidy

Publication Details

  • Pages:

    67

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2015/328

  • Stock No:

    1KWTEA2015002

  • ISBN:

    9781513512266

  • ISSN:

    1934-7685