Kuwait : 2019 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:

April 2, 2019

Electronic Access:

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

Summary:

Growth has strengthened, and fiscal and external positions improved thanks to higher oil prices. The increased uncertainty about oil price prospects though underscores the need to reduce dependence on oil and increase savings for the future. The key priority is to build national consensus around equitable and well-sequenced reforms to underpin fiscal consolidation and promote the private sector. To gain broad support, reforms should improve the quality of public services, strengthen governance, and be supported by a vigorous communications campaign. Ample financial assets and low debt allow Kuwait to undertake the needed reforms from a position of strength.

Series:

Country Report No. 19/95

Subject:

English

Publication Date:

April 2, 2019

ISBN/ISSN:

9781498306355/1934-7685

Stock No:

1KWTEA2019001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

83

Please address any questions about this title to publications@imf.org