Kuwait : 2017 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:

January 26, 2018

Electronic Access:

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Summary:

Kuwait is facing “lower-for-longer” oil prices from a position of strength, owing to large financial buffers, low debt, and a sound financial sector. Nonetheless, lower oil prices have weakened fiscal and external positions and generated large fiscal financing needs. The key challenge for the authorities is to accelerate reforms that underpin fiscal consolidation, while creating incentives for private initiative and investment and fostering job creation for nationals.

Series:

Country Report No. 18/21

Subject:

English

Publication Date:

January 26, 2018

ISBN/ISSN:

9781484339572/1934-7685

Stock No:

1KWTEA2018001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

68

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