Kuwait : Staff Report for the 2002 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

January 21, 2003

Electronic Access:

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Summary:

This 2002 Article IV Consultation highlights that in 2001, overall real growth for Kuwait fell slightly as oil output dropped following OPEC-mandated production cuts. The real non-oil GDP growth decelerated to 0.5 percent from 1 percent in 2000 as the private sector investment remained broadly unchanged. Inflation remained low at less than 2 percent, reflecting little increase in import prices and a modest nominal effective appreciation of the dinar. The macroeconomic position continued to be strong despite a decline in oil exports receipts.

Series:

Country Report No. 03/13

Subject:

English

Publication Date:

January 21, 2003

ISBN/ISSN:

9781451822281/1934-7685

Stock No:

1KWTEA0012003

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

54

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