Kuwait: Selected Issues
Electronic Access:
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Summary:
This Selected Issues paper analyzes budget financing options and their potential macro-financial implications for Kuwait. With large financial buffers and low debt, Kuwait has substantial room to finance the emerging fiscal deficits. The financing strategy should be underpinned by sound institutional and legal reforms and geared toward the development of the domestic debt markets. A balanced mix of asset drawdown and borrowing from a diversified investor base (nonresidents, domestic banks and nonbank financial institutions) would help mitigate negative implications for the economy and develop the corporate debt market.
Series:
Country Report No. 2017/016
Subject:
Asset and liability management Banking Commercial banks Debt management Financial institutions Government debt management Oil prices Prices Public debt Public financial management (PFM)
English
Publication Date:
January 17, 2017
ISBN/ISSN:
9781475566598/1934-7685
Stock No:
1KWTEA2017002
Pages:
64
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