Kuwait : Selected Issues

Author/Editor:

International Monetary Fund. Middle East and Central Asia Dept.

Publication Date:

December 2, 2013

Electronic Access:

Free Full Text (PDF file size is 874 KB).Use the free Adobe Acrobat Reader to view this PDF file

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.

Series:

Country Report No. 13/337

Subject:

English

Publication Date:

December 2, 2013

ISBN/ISSN:

9781475550818/1934-7685

Stock No:

1KWTEA2013002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

43

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