IMF Staff Country Reports

Kuwait: Selected Issues

January 17, 2017

Download PDF

Preview Citation

Format: Chicago

Kuwait: Selected Issues, (USA: International Monetary Fund, 2017) accessed November 21, 2024

Summary

This Selected Issues paper analyzes budget financing options and their potential macro-financial implications for Kuwait. With large financial buffers and low debt, Kuwait has substantial room to finance the emerging fiscal deficits. The financing strategy should be underpinned by sound institutional and legal reforms and geared toward the development of the domestic debt markets. A balanced mix of asset drawdown and borrowing from a diversified investor base (nonresidents, domestic banks and nonbank financial institutions) would help mitigate negative implications for the economy and develop the corporate debt market.

Subject: Asset and liability management, Banking, Commercial banks, Debt management, Financial institutions, Government debt management, Oil prices, Prices, Public debt, Public financial management (PFM)

Keywords: Bank, Bank asset growth, Banking system, Banking system liquidity, Commercial banks, CR, Debt management, Financial system, Global, Government debt management, GRF assets, Growth prospect, ISCR, Medium term growth outlook, Medium term reform agenda, Oil prices, Price, Private sector, Private sector investment

Publication Details

  • Pages:

    64

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2017/016

  • Stock No:

    1KWTEA2017002

  • ISBN:

    9781475566598

  • ISSN:

    1934-7685