Kuwait : 2013 Article IV Consultation.

Format:

Book

Government document

Author/Creator:

International Monetary Fund. Middle East and Central Asia Department.

Contributor:

International Monetary Fund.

Series:

IMF Staff Country Reports; Country Report ; No. 2013/336

IMF Staff Country Reports

Language:

English

Subjects (All):

Economic development--Kuwait.

Economic development.

Kuwait--Economic conditions.

Kuwait.

Physical Description:

1 online resource (65 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2013.

Language Note:

English

Summary:

This 2013 Article IV Consultation highlights that high oil prices and increased production have enabled the government in Kuwait to continue to record high fiscal and external surpluses and build strong buffers. Overall real non-oil GDP growth is projected to increase modestly to 3 percent in 2013, driven by an increase in domestic consumption and pick-up in public investment. A slight reduction in oil production would bring down total real GDP growth below 1 percent. The overall average consumer price inflation is projected at 3 percent in 2013. The economic outlook is expected to improve further in 2014 and over the medium term.

Contents:

Cover; CONTENTS; BACKGROUND; RECENT DEVELOPMENTS; FIGURES; 1. Recent Developments; OUTLOOK AND RISKS; POLICY CHALLENGES; A. A Macroeconomic Policy Mix to Strengthen Non-oil Growth; B. Diversification and Job Creation for Nationals in the Private Sector; BOXES; 1. Kuwait Labor Market Reforms; 2. Bank Household Debt Restructuring; C. Strengthening Macroeconomic and Financial Stability; D. Other Issues; STAFF APPRAISAL; 2. Labor Market Indicators; 3. Social Indicators; 4. Institutions and Governance; 5. Financial Inclusion Indicators; 6. Recent Macroeconomic Developments; 7. Fiscal Indicators

8. Monetary Developments9. Output, Trade, and Exports; 10. Financial Developments; TABLES; 1. Selected Economic Indicators, 2007-14; 2. Summary of Government Finance, 2007/08-2014/15; 3. Summary Balance of Payments, 2007-14; 4. Monetary Survey, 2007-14; 5. Illustrative Macroeconomic Baseline Scenario, 2007-18; 6. Financial Soundness Indicators of the Banking Sector, 2006-13; ANNEX; I. Status of Staff Recommendations Made in the 2012 Article IV Consultation; APPENDICES; I. Exchange Rate Assessment; II. Status of Implementation of FSAP 2010 Recommendations; CONTENTS; FUND RELATIONS

RELATIONS WITH THE WORLD BANKSTATISTICAL ISSUES

Notes:

Description based upon print version of record.

Description based on online resource; title from PDF title page (ebrary, viewed January 19, 2014).

ISBN:

9781475526264

1475526261

9781475550269

147555026X

9781475550757

1475550758