Kuwait: Staff Report for the 2002 Article IV Consultation
Electronic Access:
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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 0.5 percent from 1 percent in 2000 as the 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 exports receipts.
Series:
Country Report No. 2003/013
Subject:
Balance of payments Banking Commercial banks External debt Financial markets Foreign direct investment National accounts Private investment Stock markets
English
Publication Date:
January 21, 2003
ISBN/ISSN:
9781451822281/1934-7685
Stock No:
1KWTEA0012003
Pages:
54
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