{
  "title": "Kuwait: Staff Report for the 2002 Article IV Consultation",
  "publication": "IMF Staff Country Reports, January 21, 2003",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/30/kuwait-staff-report-for-the-2002-article-iv-consultation-16291",
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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.",
  "sections": [
    {
      "heading": "Key findings on growth and output",
      "content": "- In 2001, overall real growth for Kuwait fell slightly as oil output dropped following OPEC-mandated production cuts.\n- Real non-oil GDP growth decelerated to 0.5 percent from 1 percent in 2000 as private sector investment remained broadly unchanged."
    },
    {
      "heading": "Inflation and exchange rate",
      "content": "- Inflation remained low at less than 2 percent, reflecting little increase in import prices and a modest nominal effective appreciation of the dinar."
    },
    {
      "heading": "Macroeconomic position and external receipts",
      "content": "- The macroeconomic position continued to be strong despite a decline in oil export receipts."
    },
    {
      "heading": "Thematic coverage (as listed)",
      "content": "- Balance of payments\n- Banking\n- Commercial banks\n- External debt\n- Financial markets\n- Foreign direct investment\n- National accounts\n- Private investment\n- Stock markets\n\nInternational Monetary Fund. \"Kuwait: Staff Report for the 2002 Article IV Consultation\", IMF Staff Country Reports 2003, 013 (2003).\n\n---\n\n Content in this bundle\n\n- cr0313\n  - cr0313 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr0313 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: January 21, 2003",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451822281.002",
    "In 2001, overall real growth for Kuwait fell slightly as oil output dropped following OPEC-mandated production cuts.",
    "Real non-oil GDP growth decelerated to 0.5 percent from 1 percent in 2000 as 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 export receipts.",
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