Kuwait: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Kuwait

Kuwait: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Kuwait
ISBN-10
1513508660
ISBN-13
9781513508665
Series
Kuwait
Category
Business & Economics
Pages
61
Language
English
Published
2015-12-02
Publisher
International Monetary Fund
Author
International Monetary Fund. Middle East and Central Asia Dept.

Description

This 2015 Article IV Consultation highlights that decline in oil prices has adversely affected Kuwait’s fiscal and current account balances and slowed growth in 2014–15. Real non-oil GDP growth is projected to slow in 2015 and 2016, and pick up to 4 percent in the medium term, supported by government investment in infrastructure and private investment. The fiscal and external positions are projected to deteriorate further in 2015 and 2016, and improve somewhat over the medium term as oil prices and production recover partially.

Other editions

Similar books