Kuwait: 2008 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Kuwait
IMF Staff Country Reports, June 19, 2008
Source details
- Canonical URL
- Kuwait: 2008 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Kuwait
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Bibliographic details
- Published: June 19, 2008
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451822366.002
Major findings on macroeconomic and financial position
- The strong economic and financial position of Kuwait has improved further.
- Inflation has risen.
- Kuwait has made significant progress on the issues raised in the 2007 consultation.
- Both the external current account and fiscal positions are projected to remain in large surplus, albeit at declining levels owing to the high import intensity of the planned investment projects.
Global integration and reforms
- Kuwait’s integration into the global economy has been increasing in recent years.
- Global integration is underpinned by active membership in global and regional trade initiatives and an ongoing push to liberalize domestic regulations.
Subjects and keywords (as described in the document)
- Subjects: Balance of payments statistics, Banking, Commodities, Economic and financial statistics, Fiscal policy, Income, National accounts, Oil, Oil prices, Prices
- Keywords: Balance of payments statistics, CR, exchange regime, Global, government, ISCR, Kuwait, Kuwait's competitiveness, Kuwait's government, Oil, Oil prices, stock market index, U.S. dollar exchange rate