Kuwait : 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Kuwait

Author/Editor:

International Monetary Fund. Middle East and Central Asia Dept.

Publication Date:

December 2, 2015

Electronic Access:

Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2015 Article IV Consultation highlights that decline in oil prices has adversely affected Kuwait’s fiscal and current account balances and slowed growth in 2014–15. Real non-oil GDP growth is projected to slow in 2015 and 2016, and pick up to 4 percent in the medium term, supported by government investment in infrastructure and private investment. The fiscal and external positions are projected to deteriorate further in 2015 and 2016, and improve somewhat over the medium term as oil prices and production recover partially.

Series:

Country Report No. 15/327

Subject:

English

Publication Date:

December 2, 2015

ISBN/ISSN:

9781513559322/1934-7685

Stock No:

1KWTEA2015001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

61

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