Kuwait: Staff Report for 2006 Article IV Consultation

April 7, 2006

Preview Citation

Format: Chicago

Kuwait: Staff Report for 2006 Article IV Consultation, (USA: International Monetary Fund, 2006) accessed November 29, 2024

Summary

Kuwait’s 2006 Article IV Consultation reports that its macroeconomic performance has been strong in recent years reflecting sharply higher oil and non-oil activity. Over the medium term, Kuwait’s financial position is projected to remain strong. The large external current account and fiscal surpluses are expected to lead to a buildup of a large stock of financial assets for future generations. However, GDP growth is expected to slow down unless the pace of structural reforms accelerates.

Subject: Asset prices, Banking, Commodities, Financial markets, Monetary base, Money, Oil, Oil prices, Prices, Stock markets

Keywords: Asset prices, Authority, Budget framework, CBK bond, CR, Global, ISCR, Kuwait, Monetary base, Oil, Oil price assumption, Oil prices, Oil sector development, Shua'a capital Index, Stock markets, Surplus

Publication Details

Pages:

52
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/132
Stock No:

1KWTEA2006001
ISBN:

9781451822342
ISSN:

1934-7685

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