Kuwait : Selected Issues

Author/Editor:

International Monetary Fund. Middle East and Central Asia Dept.

Publication Date:

December 9, 2014

Electronic Access:

Free Full Text (PDF file size is 1693 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This Selected Issues paper discusses the designing and implementing of Kuwait’s fiscal policy for the medium term. Fiscal policy has a major role to play in supporting macrostability and diversification. The fiscal strategy design and implementation on a yearly basis are based on a few key areas such as determining targets or ceilings for major fiscal parameters for a three-year rolling framework with binding next budget year and indicative two outer years, establishing a clear process for expressing policy objectives and their link to expenditure, etc. The illustrative budget sequencing with the fiscal strategy spearheading medium-term fiscal policymaking and linked to the annual budget process would support fiscal policy implementation.

Series:

Country Report No. 14/334

Subject:

English

Publication Date:

December 9, 2014

ISBN/ISSN:

9781498381307/1934-7685

Stock No:

1KWTEA2014002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

66

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