{
  "title": "Kuwait: Staff Report for the 2012 Article IV Consultation",
  "publication": "IMF Staff Country Reports, June 18, 2012",
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  "summary": "The 2012 Article IV Consultation discusses the economic outlook for Kuwait for 2012, which is broadly positive. Economic recovery is expected to strengthen, led by high government expenditure—particularly wages and capital expenditure. High fiscal and external surpluses are expected to persist.",
  "sections": [
    {
      "heading": "Macroeconomic outlook (2012)",
      "content": "- Economic outlook for Kuwait for 2012 is described as broadly positive.\n- Economic recovery is expected to strengthen, led by high government expenditure—particularly wages and capital expenditure.\n- High fiscal and external surpluses are expected to persist."
    },
    {
      "heading": "Inflation outlook",
      "content": "- Inflation is projected to moderate slightly owing to a decline in global food inflation."
    },
    {
      "heading": "Financial sector and institutional issues",
      "content": "- Authorities are encouraged to enhance investment companies’ (ICs) supervision.\n- Authorities are encouraged to develop the needed tools for ICs resolution.\n- Authorities are urged to continue to be vigilant regarding existing and emerging risks."
    },
    {
      "heading": "Subject coverage and keywords",
      "content": "- Subject: Banking, Capital spending, Expenditure, Financial institutions, Income, Loans, National accounts\n- Keywords: authority, broad money, business environment, capital budget, Capital spending, central bank, CR, economic recovery, exchange rate, Global, Income, ISCR, Kuwait, land management, Loans, Middle East, private sector, Project cycle\n\n---\n\n Content in this bundle\n\n- Kuwait: 2012 Article IV Consultatio; IMF Country Report 12/150; May 30, 2012\n  - Kuwait: 2012 Article IV Consultatio; IMF Country Report 12/150; May 30, 2012 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Kuwait: 2012 Article IV Consultatio; IMF Country Report 12/150; May 30, 2012 (PDF){rel=\"external\" type=\"application/pdf\"}\n- cr12150a\n  - cr12150a (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr12150a (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: June 18, 2012",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781475504583.002",
    "Economic outlook for Kuwait for 2012 is described as broadly positive.",
    "Economic recovery is expected to strengthen, led by high government expenditure—particularly wages and capital expenditure.",
    "High fiscal and external surpluses are expected to persist.",
    "Inflation is projected to moderate slightly owing to a decline in global food inflation.",
    "Authorities are encouraged to enhance investment companies’ (ICs) supervision.",
    "Authorities are encouraged to develop the needed tools for ICs resolution.",
    "Authorities are urged to continue to be vigilant regarding existing and emerging risks.",
    "Subject: Banking, Capital spending, Expenditure, Financial institutions, Income, Loans, National accounts",
    "Keywords: authority, broad money, business environment, capital budget, Capital spending, central bank, CR, economic recovery, exchange rate, Global, Income, ISCR, Kuwait, land management, Loans, Middle East, private sector, Project cycle",
    "**Kuwait: 2012 Article IV Consultatio; IMF Country Report 12/150; May 30, 2012**",
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