Kuwait : 2009 Article IV Consultation: Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion

Author/Editor:

International Monetary Fund

Publication Date:

May 18, 2009

Electronic Access:

Free Full Text (PDF file size is 1400 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Kuwait’s economy continued to perform strongly in 2008, although signs of weakness emerged in the second half of the year. The authorities’ key challenge in the near term is to preserve financial stability and cushion the impact of the global slowdown. Executive Directors have commended the Kuwaiti authorities’ prudent macroeconomic policies, which have contributed to robust economic growth, strong fiscal and external positions. Directors have also called for strengthening oversight of risk management practices by ensuring adequate policies and procedures for identifying, monitoring, and controlling systemic risk in the financial system.

Series:

Country Report No. 09/152

Subject:

Frequency:

Monthly

English

Publication Date:

May 18, 2009

ISBN/ISSN:

9781451822380/1934-7685

Stock No:

1KWTEA2009001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

42

Please address any questions about this title to publications@imf.org