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Kuwait
			: 2011 Article IV Consultation:  Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Kuwait

Kuwait : 2011 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Kuwait »

Volume/Issue: 2011/217

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2011

DOI: http://dx.doi.org/10.5089/9781462327447.002

ISBN: 9781462327447

Keywords: government expenditure, banking, recapitalization, banking sector, capital expenditure

Kuwait faced the global financial crisis from a position of strength, owing to expansionary fiscal stance. The economy is expected to grow steadily over the medium term as Kuwait continues to implement the developm...

Kuwait
			: Selected Issues

Kuwait : Selected Issues »

Volume/Issue: 2011/218

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2011

DOI: http://dx.doi.org/10.5089/9781462327430.002

ISBN: 9781462327430

Keywords: government expenditure, expenditure, capital expenditure, fiscal multipliers

The expenditure multipliers in Kuwait are likely to be high, and mostly operate through capital expenditure. Kuwait's large state-controlled endowment of natural resource, pegged exchange rate regimes, and relative...

Kuwait
			: Selected Issues

Kuwait : Selected Issues »

Volume/Issue: 2014/334

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 December 2014

DOI: http://dx.doi.org/10.5089/9781498381307.002

ISBN: 9781498381307

Keywords: budget, expenditure, revenues, investment

This Selected Issues paper discusses the designing and implementing of Kuwait's fiscal policy for the medium term. Fiscal policy has a major role to play in supporting macrostability and diversification. The fiscal...

Kuwait
			: Staff Report for the 2012 Article IV Consultation

Kuwait : Staff Report for the 2012 Article IV Consultation »

Volume/Issue: 2012/150

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 June 2012

DOI: http://dx.doi.org/10.5089/9781475504583.002

ISBN: 9781475504583

Keywords: expenditure, government expenditure, capital expenditure, expenditures, fiscal policy

The 2012 Article IV Consultation discusses the economic outlook for Kuwait for 2012, which is broadly positive. Economic recovery is expected to strengthen, led by high government expenditure-particularly wages and...

From Volatility to Stability in Expenditure
			: Stabilization Funds in Resource-Rich Countries

From Volatility to Stability in Expenditure : Stabilization Funds in Resource-Rich Countries »

Volume/Issue: 2014/43

Series: IMF Working Papers

Author(s): Naotaka Sugawara

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 March 2014

DOI: http://dx.doi.org/10.5089/9781475515275.001

ISBN: 9781475515275

Keywords: stabilization fund, fiscal volatility, government expenditure, institution, stabilization, expenditure, public spending, Comparative or Joint Analysis of Fiscal and Monetary or Stabilization Policy, General, Government Policy,

This paper examines the effect of stabilization funds on the volatility of government expenditure in resource-rich countries. Using a panel data set of 68 resource-rich countries over 1988-2012, the results find th...

Testing the Relationship Between Government Spending and Revenue
			: Evidence From GCC Countries

Testing the Relationship Between Government Spending and Revenue : Evidence From GCC Countries »

Volume/Issue: 2002/201

Series: IMF Working Papers

Author(s): Qing Wang , and Ugo Fasano-Filho

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2002

DOI: http://dx.doi.org/10.5089/9781451874365.001

ISBN: 9781451874365

Keywords: GCC countries, expenditure, government expenditure, expenditures, government revenue, central government fiscal, National Government Expenditures and Related Policies: General,

The paper examines the direction of causality between total government expenditure and revenue in oil-dependent GCC countries by utilizing a cointegration and error-correction modeling framework, and by calculating...

1. Introductory Chapter

1. Introductory Chapter »

Source: The Macroeconomics of the Arab States of the Gulf

Series: Books

Author(s): Raphael Espinoza , Ghada Fayad , and Ananthakrishnan Prasad

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 November 2013

ISBN: 9780199683796

Keywords: oil, monetary policy, fiscal policy, expenditure, oil prices

1.1 Introduction The countries of the Gulf Cooperation Council (GCC) have gone through considerable changes in the last decade, spurred by high oil prices and ambitious diversificati...

IV The Impact of Fiscal Retrenchment on the Private Sector

IV The Impact of Fiscal Retrenchment on the Private Sector »

Source: Kuwait : From Reconstruction to Accumulation for Future Generations

Series: Occasional Papers

Author(s): John Wilson , Susan Fennell , Nigel Chalk , Mohamed El-Erian , and Alexei Kireyev

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 April 1997

ISBN: 9781557756237

Keywords: central bank, expenditure, debt, capital expenditure, interest

Many GCC countries are attempting to improve their fiscal positions through reductions in expenditures and, in some cases, by raising alternate non-oil sources of revenue (see Sassanpour (1996)). Kuwait is n...

Kuwait
			: From Reconstruction to Accumulation for Future Generations

Kuwait : From Reconstruction to Accumulation for Future Generations »

Series: Occasional Papers

Author(s): John Wilson , Susan Fennell , Nigel Chalk , Mohamed El-Erian , and Alexei Kireyev

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 April 1997

DOI: http://dx.doi.org/10.5089/9781557756237.084

ISBN: 9781557756237

Keywords: central bank, expenditure, debt, capital expenditure, interest

Kuwait has made an impressive recovery from the damage and disruptions caused by the Iraqi invasion in 1990, as evidenced by the restoration of basic economic and social services, the recovery of the oil sector, th...

Kuwait

Kuwait »

Source: Kuwait : 2011 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Kuwait

Volume/Issue: 2011/217

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2011

ISBN: 9781462327447

Keywords: government expenditure, banking, recapitalization, banking sector, capital expenditure

Kuwait faced the global financial crisis from a position of strength, owing to expansionary fiscal stance. The economy is expected to grow steadily over the medium term as Kuwait continues to implement the developm...