Executive Board
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Board Discussions
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November 25, 2013
July 15, 2011
April 10, 2009
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Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2014  2015
Real GDP 1.4 1.8
Consumer Prices 3 3.5
Source: World Economic Outlook (October 2014)
Please refer to more recent PIN/Staff reports on this country for possible revisions.

Kuwait: Financial Position in the Fund

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Central Bank of Kuwait


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Kuwait and the IMF
Updated October 25, 2014

The last Article IV Executive Board Consultation was on November 25, 2013. Listed below are items related to Kuwait, in reverse chronological order (you can also view items by category).

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October 25, 2014 -- New Press Release: IMF Managing Director Christine Lagarde Welcomes GCC Countries Strong Economic Performance, Identifies Key Reforms to Sustain Growth
October 11, 2014 -- IMFC Statement by His Excellency Minister Obaid Humaid Al Tayer, Minister of State for Financial Affairs, United Arab Emirates
On behalf of: United Arab Emirates, Kingdom of Bahrain, Arab Republic of Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Maldives, Oman, Qatar, Syrian Arab Republic, Republic of Yemen. PDF File Size: 205Kb
September 26, 2014 -- Kuwait: Concluding Statement of the 2014 Article IV Consultation
June 03, 2014 -- IMF Survey : Gulf Economies Should Diversify to Sustain Strong Future Growth
Economic diversification is vital if the countries of the Gulf Cooperation Council (GCC)—Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and United Arab Emirates—are to sustain strong growth in the future, a regional conference heard.
May 06, 2014 -- Press Release: Statement at the Conclusion of an IMF Staff Visit to Kuwait
May 01, 2014 -- Press Release: Statement by IMF Deputy Managing Director Min Zhu at the Conclusion of his Visit to Kuwait
April 30, 2014 -- IMF Survey : IMF Opens Dialogue with Gulf Parliamentarians
The International Monetary Fund (IMF) provides a forum for parliamentarians from member countries of the Gulf Cooperation Council (GCC)—Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and United Arab Emirates—to exchange views on the Fund’s role and the economic issues facing the region.
April 11, 2014 -- IMFC Statement by His Excellency Obaid Humaid Al Tayer, Minister of State for Financial Affairs, United Arab Emirates
On behalf of: United Arab Emirates, Kingdom of Bahrain, Arab Republic of Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Maldives, Oman, Qatar, Syrian Arab Republic, Republic of Yemen. PDF File Size: 154Kb
December 02, 2013 -- Press Release: IMF Executive Board Concludes 2013 Article IV Consultation with Kuwait
December 02, 2013 -- Kuwait: 2013 Article IV Consultation
Series: Country Report No. 13/336
December 02, 2013 -- Kuwait: Selected Issues
Series: Country Report No. 13/337
November 13, 2013 -- Gulf Cooperation Council (GCC) - Economic Prospects and Policy Challenges for the GCC Countries
Subject: Cooperation Council for the Arab States of the Gulf | Middle East | North Africa | Transition economies | Oil prices | Fiscal risk | Spillovers | Economic growth | Fiscal policy | Monetary policy | Cross country analysis
November 13, 2013 -- Gulf Cooperation Council (GCC) - Labor Market Reforms to Boost Employment and Productivity in the GCC
Subject: Cooperation Council for the Arab States of the Gulf | Unemployment | Labor productivity | Labor market reforms | Private sector | Global competitiveness | Cross country analysis
November 10, 2013 -- Press Release: Statement by IMF Managing Director Christine Lagarde at the Conclusion of her Visit to Kuwait
November 10, 2013 -- Addressing Challenges in Gulf Cooperation Council Economies, by Christine Lagarde, Managing Director, International Monetary Fund
October 25, 2013 -- Transcript of a Press Briefing by William Murray, Deputy Spokesman, Communications Department,International Monetary Fund
October 11, 2013 -- Statement by the Hon. Sheikh Salem Abdul-Aziz Al-Sabah, Governor of the World Bank Group and the IMF for Kuwait, on behalf of the Arab Governors
PDF File Size: 447Kb
September 23, 2013 -- Kuwait: Concluding Statement of the 2013 Article IV Consultation
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
April 20, 2013 -- IMFC Statement by The Honorable Sultan N. Al-Suwaidi, Governor of the Central Bank, of the United Arab Emirates
On behalf of: United Arab Emirates, Kingdom of Bahrain, Arab Republic of Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Maldives, Oman, Qatar, Syrian Arab Republic, Republic of Yemen. PDF File Size: 129Kb
October 29, 2012 -- Economic Prospects and Policy Challenges for the GCC Countries: Annual Meeting of Ministers of Finance and Central Bank Governors; October 5–6, 2012
October 16, 2012 -- Gulf Cooperation Council (GCC) - Economic Prospects and Policy Challenges for the GCC Countries
Subject: Cooperation Council for the Arab States of the Gulf | Middle East | North Africa | Europe | Banks | Fiscal risk | Spillovers | Economic growth | Fiscal policy | Monetary policy | Economic indicators
October 13, 2012 -- IMFC Statement by Obaid Humaid Al Tayer, Minister of State for Financial Affairs of the United Arab Emirates
On behalf of: United Arab Emirates, Kingdom of Bahrain, Arab Republic of Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Maldives, Oman, Qatar, Syrian Arab Republic, Republic of Yemen. PDF File Size: 331Kb
June 18, 2012 -- Public Information Notice: IMF Executive Board Concludes 2012 Article IV Consultation with Kuwait
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
June 18, 2012 -- Kuwait: Staff Report for the 2012 Article IV Consultation
Series: Country Report No. 12/150
Notes: Also Available in Arabic
June 18, 2012 -- Kuwait: Selected Issues and Statistical Appendix
Series: Country Report No. 12/151
May 01, 2012 -- Monetary Policy Transmission in the GCC Countries
Author/Editor: Espinoza, Raphael A. | Prasad, Ananthakrishnan
Series: Working Paper No. 12/132
April 30, 2012 -- Kuwait—2012 Article IV Consultation Concluding Statement of the IMF Mission
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
April 21, 2012 -- IMFC Statement by Obaid Humaid Al-Tayer, Minister of State for Financial Affairs, United Arab Emirates
On behalf of: United Arab Emirates, Kingdom of Bahrain, Arab Republic of Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Maldives, Oman, Qatar, Syrian Arab Republic, Republic of Yemen. PDF File Size: 331Kb
September 01, 2011 -- Kuwait: Report on Observance of Standards and Codes - FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism
Series: Country Report No. 11/267
September 01, 2011 -- Kuwait: Detailed Assessment Report on Anti-Money Laundering and Combating the Financing of Terrorism
Series: Country Report No. 11/268
August 01, 2011 -- Kuwait: 2011 Article IV Consultation - Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Kuwait
Series: Country Report No. 11/217
August 01, 2011 -- Kuwait: Selected Issues
Series: Country Report No. 11/218
August 01, 2011 -- Kuwait: Statistical Appendix
Series: Country Report No. 11/219
July 19, 2011 -- Public Information Notice: IMF Executive Board Concludes 2011 Article IV Consultation with Kuwait
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
May 19, 2011 -- Middle East and North Africa: Protecting Social Cohesion and Economic Stability, A Commentary by Masood Ahmed, Director, Middle East and Central Asia Department, International Monetary Fund
May 09, 2011 -- Kuwait-2011 Article IV Consultation Concluding Statement
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
November 06, 2010 -- Press Release: IMF and Kuwait Establish an IMF-Middle East Center for Economics and Finance
October 09, 2010 -- IMFC Statement by Obaid Humaid Al Tayer, Minister of State for Financial Affairs, Ministry of Finance, United Arab Emirates
On behalf of: United Arab Emirates, Kingdom of Bahrain, Arab Republic of Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Maldives, Oman, Qatar, Syrian Arab Republic, Republic of Yemen. PDF File Size: 415Kb
August 11, 2010 -- Framework Administered Account for Selected Fund Activities-Kuwait Subaccount for Selected Fund Activities
Subject: Administered accounts | Kuwait | External financing | Technical assistance | Financial instruments | Executive Board decisions | Lapse of time approval
July 29, 2010 -- Kuwait: Statistical Appendix
Series: Country Report No. 10/235
July 29, 2010 -- Kuwait: 2010 Article IV Consultation - Staff Report and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 10/236
July 29, 2010 -- Kuwait: Financial System Stability Assessment - Update
Series: Country Report No. 10/239
July 21, 2010 -- Public Information Notice: IMF Executive Board Concludes 2010 Article IV Consultation with Kuwait
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
April 24, 2010 -- IMFC Statement by His Excellency Sultan N. Al-Suwaidi, Governor of the Central Bank of the United Arab Emirates
On behalf of: Kingdom of Bahrain, Arab Republic of Egypt, Iraq, Jordan, Kuwait, Lebanon, Liberia, Maldives, Oman, Qatar, Syrian Arab Republic, Republic of Yemen. PDF File Size: 346Kb
March 30, 2010 -- Global Financial Crisis Highlights GCC’s Policy Challenges by Masood Ahmed, Director, Middle East and Central Asia Department
March 12, 2010 -- IMF Survey: Gulf Countries Limit Fallout from Crisis
Gulf Cooperation Council (GCC) countries have managed to contain the fallout from the global financial crisis, but the crisis has revealed financial sector vulnerabilities that need to be addressed, the IMF says.
October 04, 2009 -- Statement by Obaid Humaid Al Tayer, Minister of State for Financial Affairs, United Arab Emirates
On behalf of: United Arab Emirates, Kingdom of Bahrain, Arab Republic of Egypt, Iraq, Jordan, Kuwait, Lebanon, Liberia, Maldives, Oman, Qatar, Syrian Arab Republic, Republic of Yemen. PDF File Size: 292Kb
May 18, 2009 -- Kuwait: 2009 Article IV Consultation - Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 09/152
May 13, 2009 -- Public Information Notice: IMF Executive Board Concludes 2009 Article IV Consultation with Kuwait
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
May 06, 2009 -- IMF Survey: Sovereign Funds Set Up Permanent Representative Forum
Sovereign wealth funds establish a standing global forum to discuss issues central to sovereign funds and the broader international financial community. The forum will also keep under review issues relating to the application of Santiago Principles, designed to ensure an open international investment environment.
April 25, 2009 -- IMFC Statement by the H.E. Sultan N. Al-Suwaidi, Governor of the Central Bank, United Arab Emirates
On behalf of: United Arab Emirates, Kingdom of Bahrain, Arab Republic of Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Maldives, Oman, Qatar, Syrian Arab Republic, Republic of Yemen. PDF File Size: 333Kb
October 11, 2008 -- IMFC Statement by His Excellency Sultan N. Al-Suwaidi, Governor of the United Arab Emirates Central Bank
On behalf of: United Arab Emirates, Kingdom of Bahrain, Arab Republic of Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Maldives, Oman, Qatar, Syrian Arab Republic, Republic of Yemen. PDF File Size: 287Kb
August 01, 2008 -- Understanding the Inflationary Process in the GCC Region: The Case of Saudi Arabia and Kuwait
Author/Editor: Hasan, Maher | Alogeel, Hesham
Series: Working Paper No. 08/193
June 19, 2008 -- Kuwait: 2008 Article IV Consultation - Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Kuwait
Series: Country Report No. 08/191
June 19, 2008 -- Kuwait: Statistical Appendix
Series: Country Report No. 08/192
June 12, 2008 -- Public Information Notice: IMF Executive Board Concludes 2008 Article IV Consultation with Kuwait
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
April 12, 2008 -- IMFC Statement by His Excellency Sultan N. Al-Suwaidi, Governor of the United Arab Emirates Central Bank
On behalf of: United Arab Emirates, Kingdom of Bahrain, Arab Republic of Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Maldives, Oman, Qatar, Syrian Arab Republic, Republic of Yemen. PDF File Size: 187Kb
May 25, 2007 -- Press Release: IMF Executive Board Concludes 2007 Article IV Consultation with Kuwait
November 04, 2006 -- Press Release: IMF Managing Director Rodrigo de Rato Welcomes the Large Investment Programs in the GCC Countries and Highlights the Importance of Planned Monetary Union
August 07, 2006 -- IMF Survey:
IMF and low-income countries; De Rato in Tokyo; U.K. poverty initiative; Palau, Lithuania, Ethiopia, Kuwait; Volatility in Latin America; U.S. home equity withdrawal; Botswana: avoiding the resource curse; India: tax reform; U.S corporate cash balances. PDF File Size: 625Kb
April 22, 2006 -- IMFC Statement by His Excellency Sultan Bin Nasser Al-Suwaidi, Governor of the United Arab Emirates Central Bank
On behalf of: United Arab Emirates, Kingdom of Bahrain, Arab Republic of Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Maldives, Oman, Qatar, Syrian Arab Republic, Republic of Yemen. PDF File Size: 38Kb
April 07, 2006 -- Kuwait: 2006 Article IV Consultation - Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Kuwait
Series: Country Report No. 06/132
April 07, 2006 -- Kuwait: Statistical Appendix
Series: Country Report No. 06/133
March 29, 2006 -- Public Information Notice: IMF Executive Board Concludes 2006 Article IV Consultation with Kuwait
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
February 01, 2006 -- Providing Official Statistics for the Common Market and Monetary Union in the Gulf Cooperation Council (GCC) Countries: A Case for "Gulfstat"
Author/Editor: Al-Mansouri, Abdulrahman K. L. | Dziobek, Claudia Helene
Series: Working Paper No. 06/38
January 16, 2006 -- Press Release: IMF Managing Director Rodrigo de Rato's Statement on the Death of Kuwait's Emir Sheikh Jaber
July 14, 2005 -- Kuwait: 2005 Article IV Consultation - Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 05/231
July 14, 2005 -- Kuwait: Selected Issues and Statistical Appendix
Series: Country Report No. 05/234
May 13, 2005 -- Public Information Notice: IMF Executive Board Concludes 2005 Article IV Consultation with Kuwait
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
April 16, 2005 -- IMFC Statement by His Excellency, Sultan Bin Nasser Al-Suwaidi, Governor of the United Arab Emirates Central Bank
On behalf of: United Arab Emirates, Kingdom of Bahrain, Arab Republic of Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Maldives, Oman, Qatar, Syrian Arab Republic, Republic of Yemen. PDF File Size: 37Kb
November 08, 2004 -- Kuwait: Financial Sector Assessment Program--Detailed Assessments of Observance of Standards and Codes--International Organization of Securities Commission (IOSCO)--Objectives and Principles of Securities Regulation
Series: Country Report No. 04/352
October 02, 2004 -- IMFC Statement by His Excellency, Sultan Bin Nasser Al-Suwaidi, Governor of the United Arab Emirates Central Bank
On behalf of: United Arab Emirates, Kingdom of Bahrain, Arab Republic of Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Maldives, Oman, Qatar, Syrian Arab Republic, Republic of Yemen. PDF File Size: 579Kb
July 12, 2004 -- Kuwait: 2003 Article IV Consultation--Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Kuwait
Series: Country Report No. 04/186
July 12, 2004 -- Kuwait: Statistical Appendix
Series: Country Report No. 04/197
May 24, 2004 -- Kuwait: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Banking Supervision, Securities Regulation, Anti-Money Laundering and Combating the Financing of Terrorism
Series: Country Report No. 04/151
April 24, 2004 -- IMFC Statement by His Excellency, Mohamed K. Khirbash, Minister of State for Finance and Industry, Ministry of Finance and Industry, United Arab Emirates
On behalf of: United Arab Emirates, Kingdom of Bahrain, Arab Republic of Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Maldives, Oman, Qatar, Syrian Arab Republic, Republic of Yemen. PDF File Size: 559Kb
February 25, 2004 -- Public Information Notice: IMF Concludes 2003 Article IV Consultation with Kuwait
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
January 21, 2003 -- Kuwait: 2002 Article IV Consultation--Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Kuwait
Series: Country Report No. 03/13
January 02, 2003 -- Public Information Notice: IMF Concludes 2002 Article IV Consultation with Kuwait
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
December 01, 2002 -- Finance & Development, December 2002 - Common Currency
By Ugo Fasano and Zubair Iqbal - GCC countries face fundamental choices as they head for monetary union.
September 28, 2002 -- Statement by His Excellency Mohamed K. Khirbash Minister of State for Finance and Industry Ministry of Finance and Industry, United Arab Emirates, International Monetary and Financial Committee Meeting, September 28, 2002
The International Monetary and Financial Committee statement on behalf of Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Maldives, Oman, Qatar, Syria, United Arab Emirates, Yemen
July 20, 2001 -- Kuwait: 2001 Article IV Consultation--Staff Report; and Public Information Notice on the Executive Board Consideration
Series: Country Report No. 01/103
July 20, 2001 -- Kuwait: 2001 Article IV Consultation--Staff Report; and Public Information Notice on the Executive Board Consideration
Series: Country Report No. 01/103
June 29, 2001 -- Public Information Notice: IMF Concludes Article IV Consultation with Kuwait
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.
April 04, 2000 -- Public Information Notice: IMF Concludes Article IV Consultation with Kuwait
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.
September 28, 1999 -- Statement by the Hon. Mahfoudh Ould Mohamed Ali, Governor of the IMF for Mauritania on behalf of the Arab Governors, at the Joint Annual Discussion
PDF File Size: 18Kb
September 26, 1999 -- Statement by The Honorable Sultan Nasser Al-Suwaidi Governor United Arab Emirates, Interim Committee Meeting, September 26, 1999
The Interim Committee member for the constituency consisting of Kingdom of Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Socialist People's Libyan Arab Jamahiriya, Maldives, Oman, Qatar, Syrian Arab Republic, United Arab Emirates and Republic of Yemen
February 22, 1999 -- Public Information Notice: IMF Concludes Article IV Consultation with Kuwait
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.
February 03, 1998 -- Press Information Notice: IMF Concludes Article IV Consultation with Kuwait
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.
November 16, 1997 -- Statement by Stanley Fischer
Given at the Middle East/North Africa Economic Conference, Doha, Qatar.
April 30, 1997 -- Kuwait: From Reconstruction to Accumulation for Future Generations
Author/Editor: Chalk, Nigel Andrew | El-Erian, Mohamed A. | Fennell, Susan | Kireyev, Alexei | Wilson, John F.
Series: Occasional Paper No. 150
January 01, 1997 -- External Stability Under Alternative Nominal Exchange Rate Anchors: An Application to the GCC Countries
Author/Editor: Iqbal, Zubair | Erbas, S. Nuri
Series: Working Paper No. 97/8
Notes: This paper was presented at the Eleventh Annual Congress of the European Economic Association, Istanbul, August 21-24, 1996.
March 15, 1990 -- Investment Policies in the Arab Countries: Papers Presented at a Seminar held in Kuwait, December 11-13, 1989
Author/Editor: El-Naggar, Saíd
March 15, 1990 -- Investment Policies in the Arab Countries: Papers Presented at a Seminar held in Kuwait, December 11-13, 1989
Author/Editor: El-Naggar, Saíd

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