Kuwait: Selected Issues
Electronic Access:
Free Download. 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. 2013/337
Subject:
Banking Capital adequacy requirements Commercial banks Consumption Financial institutions Financial regulation and supervision Income National accounts Oil prices Precautionary savings Prices
English
Publication Date:
December 2, 2013
ISBN/ISSN:
9781475550818/1934-7685
Stock No:
1KWTEA2013002
Pages:
43
Please address any questions about this title to publications@imf.org