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IMF Executive Board Concludes 2020 Article IV Consultation with Kuwait

IMF Executive Board Concludes 2020 Article IV Consultation with Kuwait »

Source: Kuwait : 2020 Article IV Consultation-Press Release; Staff Report; and Staff Supplement

Volume/Issue: 2020/89

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 March 2020

ISBN: 9781513538563

Keywords: External sector, National accounts, Economic indicators, Financial and Monetary Sector, Credit, ISCR, CR, investment income, CBK, FGF

This 2020 Article IV Consultation with Kuwait highlights that non-oil growth strengthened to estimated 3 percent in 2019, propelled by government and consumer spending. The challenge to reduce dependence on oil and...

Kuwait
			: 2020 Article IV Consultation-Press Release; Staff Report; and Staff Supplement

Kuwait : 2020 Article IV Consultation-Press Release; Staff Report; and Staff Supplement »

Volume/Issue: 2020/89

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 March 2020

DOI: http://dx.doi.org/10.5089/9781513538563.002

ISBN: 9781513538563

Keywords: External sector, National accounts, Economic indicators, Financial and Monetary Sector, Credit, ISCR, CR, investment income, CBK, FGF

This 2020 Article IV Consultation with Kuwait highlights that non-oil growth strengthened to estimated 3 percent in 2019, propelled by government and consumer spending. The challenge to reduce dependence on oil and...

Kuwait: 2020 Article IV Consultation—Press Release; Staff Report; and Staff Supplement

Kuwait: 2020 Article IV Consultation—Press Release; Staff Report; and Staff Supplement »

Source: Kuwait : 2020 Article IV Consultation-Press Release; Staff Report; and Staff Supplement

Volume/Issue: 2020/89

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 March 2020

ISBN: 9781513538563

Keywords: External sector, National accounts, Economic indicators, Financial and Monetary Sector, Credit, ISCR, CR, investment income, CBK, FGF

This 2020 Article IV Consultation with Kuwait highlights that non-oil growth strengthened to estimated 3 percent in 2019, propelled by government and consumer spending. The challenge to reduce dependence on oil and...

Kuwait: Staff Report for the 2020 Article IV Consultation—Informational Annex

Kuwait: Staff Report for the 2020 Article IV Consultation—Informational Annex »

Source: Kuwait : 2020 Article IV Consultation-Press Release; Staff Report; and Staff Supplement

Volume/Issue: 2020/89

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 March 2020

ISBN: 9781513538563

Keywords: External sector, National accounts, Economic indicators, Financial and Monetary Sector, Credit, ISCR, CR, investment income, CBK, FGF

This 2020 Article IV Consultation with Kuwait highlights that non-oil growth strengthened to estimated 3 percent in 2019, propelled by government and consumer spending. The challenge to reduce dependence on oil and...

Kuwait: Staff Report for the 2020 Article IV Consultation—Supplementary Information

Kuwait: Staff Report for the 2020 Article IV Consultation—Supplementary Information »

Source: Kuwait : 2020 Article IV Consultation-Press Release; Staff Report; and Staff Supplement

Volume/Issue: 2020/89

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 March 2020

ISBN: 9781513538563

Keywords: External sector, National accounts, Economic indicators, Financial and Monetary Sector, Credit, ISCR, CR, investment income, CBK, FGF

This 2020 Article IV Consultation with Kuwait highlights that non-oil growth strengthened to estimated 3 percent in 2019, propelled by government and consumer spending. The challenge to reduce dependence on oil and...

IMF Executive Board Concludes 2019 Article IV Consultation with Kuwait

IMF Executive Board Concludes 2019 Article IV Consultation with Kuwait »

Source: Kuwait : 2019 Article IV Consultation; Press Release; Staff Report; and Statement by the Executive Director for Kuwait

Volume/Issue: 2019/95

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 April 2019

ISBN: 9781498306355

Keywords: Fiscal policy, Credit, Central banks, Financial and Monetary Sector, Expenditures, non-oil, CBK, investment income, FSSA, overall balance

This Article IV Consultation highlights that growth has strengthened, and fiscal and external positions improved due to higher oil prices. The increased uncertainty about oil price prospects though underscores the...

Kuwait
			: 2019 Article IV Consultation; Press Release; Staff Report; and Statement by the Executive Director for Kuwait

Kuwait : 2019 Article IV Consultation; Press Release; Staff Report; and Statement by the Executive Director for Kuwait »

Volume/Issue: 2019/95

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 April 2019

DOI: http://dx.doi.org/10.5089/9781498306355.002

ISBN: 9781498306355

Keywords: Fiscal policy, Credit, Central banks, Financial and Monetary Sector, Expenditures, non-oil, CBK, investment income, FSSA, overall balance

This Article IV Consultation highlights that growth has strengthened, and fiscal and external positions improved due to higher oil prices. The increased uncertainty about oil price prospects though underscores the...

Kuwait
			: Financial System Stability Assessment

Kuwait : Financial System Stability Assessment »

Volume/Issue: 2019/96

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Monetary and Capital Markets Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 April 2019

DOI: http://dx.doi.org/10.5089/9781498306409.002

ISBN: 9781498306409

Keywords: Bank credit, External sector, Central banks, Financial soundness indicators, Market interest rates, CBK, islamic bank, Shariah, liquidity, risk-based

This Financial System Stability Assessment paper discusses that Kuwait's limited economic diversification is directly reflected in the bank-centric financial sector. Banks have high concentrations to single borrowe...

Kuwait

Kuwait »

Source: Kuwait : Financial System Stability Assessment

Volume/Issue: 2019/96

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Monetary and Capital Markets Department

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 April 2019

ISBN: 9781498306409

Keywords: Bank credit, External sector, Central banks, Financial soundness indicators, Market interest rates, CBK, islamic bank, Shariah, liquidity, risk-based

This Financial System Stability Assessment paper discusses that Kuwait's limited economic diversification is directly reflected in the bank-centric financial sector. Banks have high concentrations to single borrowe...

Kuwait: 2019 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for Kuwait

Kuwait: 2019 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for Kuwait »

Source: Kuwait : 2019 Article IV Consultation; Press Release; Staff Report; and Statement by the Executive Director for Kuwait

Volume/Issue: 2019/95

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 April 2019

ISBN: 9781498306355

Keywords: Fiscal policy, Credit, Central banks, Financial and Monetary Sector, Expenditures, non-oil, CBK, investment income, FSSA, overall balance

This Article IV Consultation highlights that growth has strengthened, and fiscal and external positions improved due to higher oil prices. The increased uncertainty about oil price prospects though underscores the...

Kuwait: Staff Report for the 2019 Article IV Consultation—Informational Annex

Kuwait: Staff Report for the 2019 Article IV Consultation—Informational Annex »

Source: Kuwait : 2019 Article IV Consultation; Press Release; Staff Report; and Statement by the Executive Director for Kuwait

Volume/Issue: 2019/95

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 April 2019

ISBN: 9781498306355

Keywords: Fiscal policy, Credit, Central banks, Financial and Monetary Sector, Expenditures, non-oil, CBK, investment income, FSSA, overall balance

This Article IV Consultation highlights that growth has strengthened, and fiscal and external positions improved due to higher oil prices. The increased uncertainty about oil price prospects though underscores the...

Statement by Hazem Beblawi, Executive Director of Kuwait, Maya Choueiri, Senior Advisor; and Fouad AI-Kohlany, Advisor March 25, 2019

Statement by Hazem Beblawi, Executive Director of Kuwait, Maya Choueiri, Senior Advisor; and Fouad AI-Kohlany, Advisor March 25, 2019 »

Source: Kuwait : 2019 Article IV Consultation; Press Release; Staff Report; and Statement by the Executive Director for Kuwait

Volume/Issue: 2019/95

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 April 2019

ISBN: 9781498306355

Keywords: Fiscal policy, Credit, Central banks, Financial and Monetary Sector, Expenditures, non-oil, CBK, investment income, FSSA, overall balance

This Article IV Consultation highlights that growth has strengthened, and fiscal and external positions improved due to higher oil prices. The increased uncertainty about oil price prospects though underscores the...

Kuwait
			: Technical Assistance Report-Government Finance Statistics

Kuwait : Technical Assistance Report-Government Finance Statistics »

Volume/Issue: 2018/313

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Statistics Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 November 2018

DOI: http://dx.doi.org/10.5089/9781484384336.002

ISBN: 9781484384336

Keywords: Kuwait, Middle East

In response to a request from the Central Statistical Bureau (CSB) of Kuwait, a government finance statistics (GFS) technical assistance (TA) mission visited Kuwait City, Kuwait during April 29-May 3, 2018. This fi...

Kuwait

Kuwait »

Source: Kuwait : Technical Assistance Report-Government Finance Statistics

Volume/Issue: 2018/313

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Statistics Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 November 2018

ISBN: 9781484384336

Keywords: Kuwait, Middle East

In response to a request from the Central Statistical Bureau (CSB) of Kuwait, a government finance statistics (GFS) technical assistance (TA) mission visited Kuwait City, Kuwait during April 29-May 3, 2018. This fi...

Oil Prices and GCC Stock Markets: New Evidence from Smooth Transition Models

Oil Prices and GCC Stock Markets: New Evidence from Smooth Transition Models »

Volume/Issue: 2018/98

Series: IMF Working Papers

Author(s): Nidhaleddine Ben Cheikh , Sami Ben Naceur , Oussama Kanaan , and Christophe Rault

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 May 2018

DOI: http://dx.doi.org/10.5089/9781484353622.001

ISBN: 9781484353622

Keywords: Qatar, Saudi Arabia, Middle East, Oil prices, Oman, Bahrain, Kuwait, United Arab Emirates, Yemen, Republic of, GCC stock markets

Our paper examines the effect of oil price changes on Gulf Cooperation Council (GCC) stock markets using nonlinear smooth transition regression (STR) models. Contrary to conventional wisdom, our empirical results r...

Oil Prices and GCC Stock Markets: New Evidence from Smooth Transition Models

Oil Prices and GCC Stock Markets: New Evidence from Smooth Transition Models »

Source: Oil Prices and GCC Stock Markets: New Evidence from Smooth Transition Models

Volume/Issue: 2018/98

Series: IMF Working Papers

Author(s): Nidhaleddine Ben Cheikh , Sami Ben Naceur , Oussama Kanaan , and Christophe Rault

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 May 2018

ISBN: 9781484353622

Keywords: Qatar, Saudi Arabia, Middle East, Oil prices, Oman, Bahrain, Kuwait, United Arab Emirates, Yemen, Republic of, GCC stock markets

Our paper examines the effect of oil price changes on Gulf Cooperation Council (GCC) stock markets using nonlinear smooth transition regression (STR) models. Contrary to conventional wisdom, our empirical results r...

A Growth-Friendly Path for Building Fiscal Buffers in the Caucuses and Central Asia

A Growth-Friendly Path for Building Fiscal Buffers in the Caucuses and Central Asia »

Volume/Issue: 2018/6

Series: Departmental Papers / Policy Papers

Author(s): Edward Gemayel , Lorraine Ocampos , Matteo Ghilardi , and James Aylward

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 April 2018

DOI: http://dx.doi.org/10.5089/9781484337165.087

ISBN: 9781484337165

Keywords: Growth acceleration, Uzbekistan, Afghanistan, Islamic Republic of, Iran, Islamic Republic of, Libyan Arab Jamahiriya, Syrian Arab Republic, Yemen, Republic of, Saudi Arabia, Somalia, Sudan

Since 2014, large and persistent external shocks have hit the CCA region, particularly a slump in global commodity prices and slower growth in its key economic partners. Fiscal accommodation, along with currency ad...

A Growth-Friendly Path for Building Fiscal Buffers in the Caucuses and Central Asia

A Growth-Friendly Path for Building Fiscal Buffers in the Caucuses and Central Asia »

Source: A Growth-Friendly Path for Building Fiscal Buffers in the Caucuses and Central Asia

Volume/Issue: 2018/6

Series: Departmental Papers / Policy Papers

Author(s): Edward Gemayel , Lorraine Ocampos , Matteo Ghilardi , and James Aylward

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 April 2018

ISBN: 9781484337165

Keywords: Growth acceleration, Uzbekistan, Afghanistan, Islamic Republic of, Iran, Islamic Republic of, Libyan Arab Jamahiriya, Syrian Arab Republic, Yemen, Republic of, Saudi Arabia, Somalia, Sudan

Since 2014, large and persistent external shocks have hit the CCA region, particularly a slump in global commodity prices and slower growth in its key economic partners. Fiscal accommodation, along with currency ad...

IMF Executive Board Concludes 2017 Article IV Consultation with Kuwait

IMF Executive Board Concludes 2017 Article IV Consultation with Kuwait »

Source: Kuwait : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Kuwait

Volume/Issue: 2018/21

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 January 2018

ISBN: 9781484339572

Keywords: Article IV consultation reports, Oil prices, Fiscal sustainability, Financial stability, Private sector, Statistics, Fiscal reforms, Economic growth, Government expenditures, Economic indicators

This 2017 Article IV Consultation highlights that non-oil growth in Kuwait has picked up modestly over the past two years, and inflation has moderated. After coming to a standstill in 2015, real non-hydrocarbon gro...

Kuwait
			: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Kuwait

Kuwait : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Kuwait »

Volume/Issue: 2018/21

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 January 2018

DOI: http://dx.doi.org/10.5089/9781484339572.002

ISBN: 9781484339572

Keywords: Article IV consultation reports, Oil prices, Fiscal sustainability, Financial stability, Private sector, Statistics, Fiscal reforms, Economic growth, Government expenditures, Economic indicators

This 2017 Article IV Consultation highlights that non-oil growth in Kuwait has picked up modestly over the past two years, and inflation has moderated. After coming to a standstill in 2015, real non-hydrocarbon gro...

Kuwait
			: Selected Issues

Kuwait : Selected Issues »

Volume/Issue: 2018/22

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 January 2018

DOI: http://dx.doi.org/10.5089/9781484339633.002

ISBN: 9781484339633

Keywords: Fiscal reforms, Government expenditures, Fiscal consolidation, Public sector, Employment, Wages, Wage bill, Liquidity management, Central bank policy, Selected issues

This Selected Issues paper on Kuwait focuses on fiscal expenditures with the aim of identifying potential areas for reform. While the authorities' planned non-oil revenue measures are welcome, these alone will not...

Kuwait: Selected Issues

Kuwait: Selected Issues »

Source: Kuwait : Selected Issues

Volume/Issue: 2018/22

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 January 2018

ISBN: 9781484339633

Keywords: Fiscal reforms, Government expenditures, Fiscal consolidation, Public sector, Employment, Wages, Wage bill, Liquidity management, Central bank policy, Selected issues

This Selected Issues paper on Kuwait focuses on fiscal expenditures with the aim of identifying potential areas for reform. While the authorities' planned non-oil revenue measures are welcome, these alone will not...

Kuwait: Selected Issues

Kuwait: Selected Issues »

Source: Kuwait : Selected Issues

Volume/Issue: 2018/22

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 January 2018

ISBN: 9781484339633

Keywords: Fiscal reforms, Government expenditures, Fiscal consolidation, Public sector, Employment, Wages, Wage bill, Liquidity management, Central bank policy, Selected issues

This Selected Issues paper on Kuwait focuses on fiscal expenditures with the aim of identifying potential areas for reform. While the authorities' planned non-oil revenue measures are welcome, these alone will not...

Kuwait: Staff Report for the 2017 Article IV Consultation

Kuwait: Staff Report for the 2017 Article IV Consultation »

Source: Kuwait : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Kuwait

Volume/Issue: 2018/21

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 January 2018

ISBN: 9781484339572

Keywords: Article IV consultation reports, Oil prices, Fiscal sustainability, Financial stability, Private sector, Statistics, Fiscal reforms, Economic growth, Government expenditures, Economic indicators

This 2017 Article IV Consultation highlights that non-oil growth in Kuwait has picked up modestly over the past two years, and inflation has moderated. After coming to a standstill in 2015, real non-hydrocarbon gro...

Kuwait: Staff Report for The 2017 Article IV Consultation—Informational Annex

Kuwait: Staff Report for The 2017 Article IV Consultation—Informational Annex »

Source: Kuwait : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Kuwait

Volume/Issue: 2018/21

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 January 2018

ISBN: 9781484339572

Keywords: Article IV consultation reports, Oil prices, Fiscal sustainability, Financial stability, Private sector, Statistics, Fiscal reforms, Economic growth, Government expenditures, Economic indicators

This 2017 Article IV Consultation highlights that non-oil growth in Kuwait has picked up modestly over the past two years, and inflation has moderated. After coming to a standstill in 2015, real non-hydrocarbon gro...

Statement by Mr. Hazem Beblawi, Executive Director for Kuwait and Mr. Fouad Al-Kohlany, Advisor to the Executive Director January 12, 2018

Statement by Mr. Hazem Beblawi, Executive Director for Kuwait and Mr. Fouad Al-Kohlany, Advisor to the Executive Director January 12, 2018 »

Source: Kuwait : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Kuwait

Volume/Issue: 2018/21

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 January 2018

ISBN: 9781484339572

Keywords: Article IV consultation reports, Oil prices, Fiscal sustainability, Financial stability, Private sector, Statistics, Fiscal reforms, Economic growth, Government expenditures, Economic indicators

This 2017 Article IV Consultation highlights that non-oil growth in Kuwait has picked up modestly over the past two years, and inflation has moderated. After coming to a standstill in 2015, real non-hydrocarbon gro...

Chapter 5. A Way Forward

Chapter 5. A Way Forward »

Source: Public Wage Bills in the Middle East and Central Asia

Series: Departmental Papers / Policy Papers

Author(s): Natalia Tamirisa , and Christoph Duenwald

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 January 2018

ISBN: 9781484336731

Keywords: Public sector, Public sector wages, Public employment, Public expenditure management, Public expenditures reform, Public services, Public employment systems, Public sector; Public sector wages; Public employment; Public expenditure management; Public expenditures reform; Public services; Public employment systems

Rising Challenges The pursuit of multiple goals with public payrolls—often with limited success—has left several countries in the region with high wage bills at a time of heightened...

Chapter 2. Benchmarking and Trends

Chapter 2. Benchmarking and Trends »

Source: Public Wage Bills in the Middle East and Central Asia

Series: Departmental Papers / Policy Papers

Author(s): Natalia Tamirisa , and Christoph Duenwald

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 January 2018

ISBN: 9781484336731

Keywords: Public sector, Public sector wages, Public employment, Public expenditure management, Public expenditures reform, Public services, Public employment systems, Public sector; Public sector wages; Public employment; Public expenditure management; Public expenditures reform; Public services; Public employment systems

Comparison with Global Peers Public wage bills in the MENAP region are higher than in other emerging market and developing economies (Figure 2.1). 1...

Chapter 6. Conclusion

Chapter 6. Conclusion »

Source: Public Wage Bills in the Middle East and Central Asia

Series: Departmental Papers / Policy Papers

Author(s): Natalia Tamirisa , and Christoph Duenwald

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 January 2018

ISBN: 9781484336731

Keywords: Public sector, Public sector wages, Public employment, Public expenditure management, Public expenditures reform, Public services, Public employment systems, Public sector; Public sector wages; Public employment; Public expenditure management; Public expenditures reform; Public services; Public employment systems

Management of public sector wage bills has emerged as an important policy challenge for the region. Reflecting legacies from the past—including the large role of the state—as well as considerable oil wealth...

Chapter 3. Drivers

Chapter 3. Drivers »

Source: Public Wage Bills in the Middle East and Central Asia

Series: Departmental Papers / Policy Papers

Author(s): Natalia Tamirisa , and Christoph Duenwald

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 January 2018

ISBN: 9781484336731

Keywords: Public sector, Public sector wages, Public employment, Public expenditure management, Public expenditures reform, Public services, Public employment systems, Public sector; Public sector wages; Public employment; Public expenditure management; Public expenditures reform; Public services; Public employment systems

Policy Objectives Employment In many areas of the MENAP region, high wage bills reflect the traditional role of the state as the employer of first reso...

Chapter 1. Introduction

Chapter 1. Introduction »

Source: Public Wage Bills in the Middle East and Central Asia

Series: Departmental Papers / Policy Papers

Author(s): Natalia Tamirisa , and Christoph Duenwald

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 January 2018

ISBN: 9781484336731

Keywords: Public sector, Public sector wages, Public employment, Public expenditure management, Public expenditures reform, Public services, Public employment systems, Public sector; Public sector wages; Public employment; Public expenditure management; Public expenditures reform; Public services; Public employment systems

Economic and social challenges have intensified across the Middle East and Central Asia. Despite a stronger global economy, the growth outlook for the region remains subdued (IMF 2017). Weak economic growth...

Chapter 4. Outcomes and Economic Effects

Chapter 4. Outcomes and Economic Effects »

Source: Public Wage Bills in the Middle East and Central Asia

Series: Departmental Papers / Policy Papers

Author(s): Natalia Tamirisa , and Christoph Duenwald

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 January 2018

ISBN: 9781484336731

Keywords: Public sector, Public sector wages, Public employment, Public expenditure management, Public expenditures reform, Public services, Public employment systems, Public sector; Public sector wages; Public employment; Public expenditure management; Public expenditures reform; Public services; Public employment systems

Public Service Delivery Higher wage bills have on average not produced better service delivery, though public services are also affected by other considerations (Figures 4.1 and 4.2)...

Public Wage Bills in the Middle East and Central Asia

Public Wage Bills in the Middle East and Central Asia »

Volume: 18

Series: Departmental Papers / Policy Papers

Author(s): Natalia Tamirisa , and Christoph Duenwald

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 January 2018

DOI: http://dx.doi.org/10.5089/9781484336731.087

ISBN: 9781484336731

Keywords: Public sector, Public sector wages, Public employment, Public expenditure management, Public expenditures reform, Public services, Public employment systems, Public sector; Public sector wages; Public employment; Public expenditure management; Public expenditures reform; Public services; Public employment systems

Analysis of policies for managing public sector wage bills in the Middle East and Central Asia region. While some work has been done recently at the Fund on issues related to government employment and compensation,...

Public Wage Bills in the Middle East and Central Asia

Public Wage Bills in the Middle East and Central Asia »

Source: Public Wage Bills in the Middle East and Central Asia

Volume: 18

Series: Departmental Papers / Policy Papers

Author(s): Natalia Tamirisa , and Christoph Duenwald

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 January 2018

ISBN: 9781484336731

Keywords: Public sector, Public sector wages, Public employment, Public expenditure management, Public expenditures reform, Public services, Public employment systems, Public sector; Public sector wages; Public employment; Public expenditure management; Public expenditures reform; Public services; Public employment systems

Analysis of policies for managing public sector wage bills in the Middle East and Central Asia region. While some work has been done recently at the Fund on issues related to government employment and compensation,...

Back Matter

Back Matter »

Source: Public Wage Bills in the Middle East and Central Asia

Series: Departmental Papers / Policy Papers

Author(s): Natalia Tamirisa , and Christoph Duenwald

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 January 2018

ISBN: 9781484336731

Keywords: Public sector, Public sector wages, Public employment, Public expenditure management, Public expenditures reform, Public services, Public employment systems, Public sector; Public sector wages; Public employment; Public expenditure management; Public expenditures reform; Public services; Public employment systems

Analysis of policies for managing public sector wage bills in the Middle East and Central Asia region. While some work has been done recently at the Fund on issues related to government employment and compensation,...

Multi-Country Report
			: Ensuring Financial Stability in Countries with Islamic Banking-Case Studies-Press Release; Staff Report

Multi-Country Report : Ensuring Financial Stability in Countries with Islamic Banking-Case Studies-Press Release; Staff Report »

Volume/Issue: 2017/145

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 June 2017

DOI: http://dx.doi.org/10.5089/9781484302996.002

ISBN: 9781484302996

Keywords: Asia and Pacific, Bahrain, Djibouti, Europe, Indonesia, Kenya, Kuwait, Malaysia, Middle East, Nigeria

This paper presents country experiences with reforms to strengthen regulatory oversight of the Islamic banking sector. Based on the selected country experiences, a number of important lessons and policy options can...

Multi-Country Report

Multi-Country Report »

Source: Multi-Country Report : Ensuring Financial Stability in Countries with Islamic Banking-Case Studies-Press Release; Staff Report

Volume/Issue: 2017/145

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 June 2017

ISBN: 9781484302996

Keywords: Asia and Pacific, Bahrain, Djibouti, Europe, Indonesia, Kenya, Kuwait, Malaysia, Middle East, Nigeria

This paper presents country experiences with reforms to strengthen regulatory oversight of the Islamic banking sector. Based on the selected country experiences, a number of important lessons and policy options can...

IMF Executive Board Concludes 2016 Article IV Consultation with Kuwait

IMF Executive Board Concludes 2016 Article IV Consultation with Kuwait »

Source: Kuwait : 2016 Article IV Consultation-Press Release; and Staff Report

Volume/Issue: 2017/15

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 January 2017

ISBN: 9781475566543

Keywords: Banking sector, Article IV consultations, Currency pegs, Debt sustainability analysis, Economic growth, Economic indicators, Fiscal reforms, Labor market reforms, Kuwait, Press releases

This 2016 Article IV Consultation highlights that the economic activity in the non-oil sector in Kuwait has continued to expand, albeit at a slower pace, reflecting the impact of lower oil prices. Nonhydrocarbon gr...

Kuwait
			: 2016 Article IV Consultation-Press Release; and Staff Report

Kuwait : 2016 Article IV Consultation-Press Release; and Staff Report »

Volume/Issue: 2017/15

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 January 2017

DOI: http://dx.doi.org/10.5089/9781475566543.002

ISBN: 9781475566543

Keywords: Banking sector, Article IV consultations, Currency pegs, Debt sustainability analysis, Economic growth, Economic indicators, Fiscal reforms, Labor market reforms, Kuwait, Press releases

This 2016 Article IV Consultation highlights that the economic activity in the non-oil sector in Kuwait has continued to expand, albeit at a slower pace, reflecting the impact of lower oil prices. Nonhydrocarbon gr...

Kuwait
			: Selected Issues

Kuwait : Selected Issues »

Volume/Issue: 2017/16

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 January 2017

DOI: http://dx.doi.org/10.5089/9781475566598.002

ISBN: 9781475566598

Keywords: Oil prices, Kuwait, Islamic banking, Liquidity management, Middle East, Economic growth, Deficit financing, Credit expansion, Banking sector, Borrowing

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 emergi...

Kuwait: Selected Issues

Kuwait: Selected Issues »

Source: Kuwait : Selected Issues

Volume/Issue: 2017/16

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 January 2017

ISBN: 9781475566598

Keywords: Oil prices, Kuwait, Islamic banking, Liquidity management, Middle East, Economic growth, Deficit financing, Credit expansion, Banking sector, Borrowing

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 emergi...

Kuwait: Selected Issues

Kuwait: Selected Issues »

Source: Kuwait : Selected Issues

Volume/Issue: 2017/16

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 January 2017

ISBN: 9781475566598

Keywords: Oil prices, Kuwait, Islamic banking, Liquidity management, Middle East, Economic growth, Deficit financing, Credit expansion, Banking sector, Borrowing

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 emergi...

Kuwait: Selected Issues

Kuwait: Selected Issues »

Source: Kuwait : Selected Issues

Volume/Issue: 2017/16

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 January 2017

ISBN: 9781475566598

Keywords: Oil prices, Kuwait, Islamic banking, Liquidity management, Middle East, Economic growth, Deficit financing, Credit expansion, Banking sector, Borrowing

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 emergi...

Kuwait: Staff Report for the 2016 Article IV Consultation

Kuwait: Staff Report for the 2016 Article IV Consultation »

Source: Kuwait : 2016 Article IV Consultation-Press Release; and Staff Report

Volume/Issue: 2017/15

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 January 2017

ISBN: 9781475566543

Keywords: Banking sector, Article IV consultations, Currency pegs, Debt sustainability analysis, Economic growth, Economic indicators, Fiscal reforms, Labor market reforms, Kuwait, Press releases

This 2016 Article IV Consultation highlights that the economic activity in the non-oil sector in Kuwait has continued to expand, albeit at a slower pace, reflecting the impact of lower oil prices. Nonhydrocarbon gr...

Kuwait: Staff Report for the 2016 Article IV Consultation—Informational Annex

Kuwait: Staff Report for the 2016 Article IV Consultation—Informational Annex »

Source: Kuwait : 2016 Article IV Consultation-Press Release; and Staff Report

Volume/Issue: 2017/15

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 January 2017

ISBN: 9781475566543

Keywords: Banking sector, Article IV consultations, Currency pegs, Debt sustainability analysis, Economic growth, Economic indicators, Fiscal reforms, Labor market reforms, Kuwait, Press releases

This 2016 Article IV Consultation highlights that the economic activity in the non-oil sector in Kuwait has continued to expand, albeit at a slower pace, reflecting the impact of lower oil prices. Nonhydrocarbon gr...

The Impact of Oil Prices on the Banking System in the GCC

The Impact of Oil Prices on the Banking System in the GCC »

Volume/Issue: 2016/161

Series: IMF Working Papers

Author(s): Padamja Khandelwal , Ken Miyajima , and Andre Santos

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 August 2016

DOI: http://dx.doi.org/10.5089/9781475523393.001

ISBN: 9781475523393

Keywords: Macro-financial linkages, nonperforming loans, panel vector autoregression

This paper examines the links between global oil price movements and macroeconomic and financial developments in the GCC. Using a range of multivariate panel approaches, including a panel vector autoregression appr...

The Impact of Oil Prices on the Banking System in the GCC

The Impact of Oil Prices on the Banking System in the GCC »

Source: The Impact of Oil Prices on the Banking System in the GCC

Volume/Issue: 2016/161

Series: IMF Working Papers

Author(s): Padamja Khandelwal , Ken Miyajima , and Andre Santos

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 August 2016

ISBN: 9781475523393

Keywords: Macro-financial linkages, nonperforming loans, panel vector autoregression

This paper examines the links between global oil price movements and macroeconomic and financial developments in the GCC. Using a range of multivariate panel approaches, including a panel vector autoregression appr...

Macroprudential Policy and Financial Stability in the Arab Region

Macroprudential Policy and Financial Stability in the Arab Region »

Volume/Issue: 2016/98

Series: IMF Working Papers

Author(s): Ananthakrishnan Prasad , Heba Abdel Monem , and Pilar Garcia Martinez

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 May 2016

DOI: http://dx.doi.org/10.5089/9781484361641.001

ISBN: 9781484361641

Keywords: Macroprudential policy, systemic risk, credit, financial stability

Several characteristics of the structure of the Arab economies, their economic policy framework, and their banking systems make macroprudential policy a particular relevant tool. For most oil exporters, heavy relia...

Macroprudential Policy and Financial Stability in the Arab Region

Macroprudential Policy and Financial Stability in the Arab Region »

Source: Macroprudential Policy and Financial Stability in the Arab Region

Volume/Issue: 2016/98

Series: IMF Working Papers

Author(s): Ananthakrishnan Prasad , Heba Abdel Monem , and Pilar Garcia Martinez

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 May 2016

ISBN: 9781484361641

Keywords: Macroprudential policy, systemic risk, credit, financial stability

Several characteristics of the structure of the Arab economies, their economic policy framework, and their banking systems make macroprudential policy a particular relevant tool. For most oil exporters, heavy relia...

IMF Executive Board Concludes 2015 Article IV Consultation with Kuwait

IMF Executive Board Concludes 2015 Article IV Consultation with Kuwait »

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

Volume/Issue: 2015/327

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 December 2015

ISBN: 9781513559322

Keywords: investment, expenditure, finance, monetary fund, tax

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...

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 »

Volume/Issue: 2015/327

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 December 2015

DOI: http://dx.doi.org/10.5089/9781513559322.002

ISBN: 9781513559322

Keywords: investment, expenditure, finance, monetary fund, tax

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...

Kuwait
			: Selected Issues

Kuwait : Selected Issues »

Volume/Issue: 2015/328

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 December 2015

DOI: http://dx.doi.org/10.5089/9781513512266.002

ISBN: 9781513512266

Keywords: energy, prices, price, energy prices, electricity

This Selected Issues paper analyzes energy price reform in Kuwait. It emphasizes that Kuwait should take advantage of current low global energy prices to strengthen efforts to reform domestic energy prices. In the...

Kuwait: Selected Issues

Kuwait: Selected Issues »

Source: Kuwait : Selected Issues

Volume/Issue: 2015/328

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 December 2015

ISBN: 9781513512266

Keywords: energy, prices, price, energy prices, electricity

This Selected Issues paper analyzes energy price reform in Kuwait. It emphasizes that Kuwait should take advantage of current low global energy prices to strengthen efforts to reform domestic energy prices. In the...

Kuwait: Selected Issues

Kuwait: Selected Issues »

Source: Kuwait : Selected Issues

Volume/Issue: 2015/328

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 December 2015

ISBN: 9781513512266

Keywords: energy, prices, price, energy prices, electricity

This Selected Issues paper analyzes energy price reform in Kuwait. It emphasizes that Kuwait should take advantage of current low global energy prices to strengthen efforts to reform domestic energy prices. In the...

Kuwait: Selected Issues

Kuwait: Selected Issues »

Source: Kuwait : Selected Issues

Volume/Issue: 2015/328

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 December 2015

ISBN: 9781513512266

Keywords: energy, prices, price, energy prices, electricity

This Selected Issues paper analyzes energy price reform in Kuwait. It emphasizes that Kuwait should take advantage of current low global energy prices to strengthen efforts to reform domestic energy prices. In the...

Kuwait: Selected Issues

Kuwait: Selected Issues »

Source: Kuwait : Selected Issues

Volume/Issue: 2015/328

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 December 2015

ISBN: 9781513512266

Keywords: energy, prices, price, energy prices, electricity

This Selected Issues paper analyzes energy price reform in Kuwait. It emphasizes that Kuwait should take advantage of current low global energy prices to strengthen efforts to reform domestic energy prices. In the...

Kuwait: Selected Issues

Kuwait: Selected Issues »

Source: Kuwait : Selected Issues

Volume/Issue: 2015/328

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 December 2015

ISBN: 9781513512266

Keywords: energy, prices, price, energy prices, electricity

This Selected Issues paper analyzes energy price reform in Kuwait. It emphasizes that Kuwait should take advantage of current low global energy prices to strengthen efforts to reform domestic energy prices. In the...

Kuwait: Staff Report for the 2015 Article IV Consultation

Kuwait: Staff Report for the 2015 Article IV Consultation »

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

Volume/Issue: 2015/327

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 December 2015

ISBN: 9781513559322

Keywords: investment, expenditure, finance, monetary fund, tax

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...

Kuwait: Staff Report for the 2015 Article IV Consultation—Informational Annex

Kuwait: Staff Report for the 2015 Article IV Consultation—Informational Annex »

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

Volume/Issue: 2015/327

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 December 2015

ISBN: 9781513559322

Keywords: investment, expenditure, finance, monetary fund, tax

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...

Statement by Mr. Beblawi, Executive Director for Kuwait, and Mr. Faras, Advisor to Executive Director, November 25, 2015

Statement by Mr. Beblawi, Executive Director for Kuwait, and Mr. Faras, Advisor to Executive Director, November 25, 2015 »

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

Volume/Issue: 2015/327

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 December 2015

ISBN: 9781513559322

Keywords: investment, expenditure, finance, monetary fund, tax

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...

Monetary Operations and Islamic Banking in the GCC
			: Challenges and Options

Monetary Operations and Islamic Banking in the GCC : Challenges and Options »

Volume/Issue: 2015/234

Series: IMF Working Papers

Author(s): Ritu Basu , Ananthakrishnan Prasad , and Sergio Rodriguez

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 November 2015

DOI: http://dx.doi.org/10.5089/9781513588513.001

ISBN: 9781513588513

Keywords: Basel Committee on Banking Supervision, Liquidity management, Monetary operations, Monetary policy, Cooperation Council for the Arab States of the Gulf, Islamic banking, GCC

The assessment provides evidence of market segmentation across Islamic and conventional banks in the Gulf Cooperation Council (GCC), leading to excess liquidity, and an uneven playing field for Islamic banks that m...

Monetary Operations and Islamic Banking in the GCC

Monetary Operations and Islamic Banking in the GCC »

Source: Monetary Operations and Islamic Banking in the GCC : Challenges and Options

Volume/Issue: 2015/234

Series: IMF Working Papers

Author(s): Ritu Basu , Ananthakrishnan Prasad , and Sergio Rodriguez

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 November 2015

ISBN: 9781513588513

Keywords: Basel Committee on Banking Supervision, Liquidity management, Monetary operations, Monetary policy, Cooperation Council for the Arab States of the Gulf, Islamic banking, GCC

The assessment provides evidence of market segmentation across Islamic and conventional banks in the Gulf Cooperation Council (GCC), leading to excess liquidity, and an uneven playing field for Islamic banks that m...

How Does Bank Competition Affect Solvency, Liquidity and Credit Risk? Evidence from the MENA Countries

How Does Bank Competition Affect Solvency, Liquidity and Credit Risk? Evidence from the MENA Countries »

Source: How Does Bank Competition Affect Solvency, Liquidity and Credit Risk? Evidence from the MENA Countries

Volume/Issue: 2015/210

Series: IMF Working Papers

Author(s): Raja Almarzoqi , Sami Ben Naceur , and Alessandro Scopelliti

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 September 2015

ISBN: 9781513581910

Keywords: Bank Competition, Solvency, Bank Regulation, Supervision, bank, risk, banking, credit, Government Policy and Regulation, Corporation and Securities Law

The paper analyzes the relationship between bank competition and stability, with a specific focus on the Middle East and North Africa. Price competition has a positive effect on bank liquidity, as it induces self-d...

How Does Bank Competition Affect Solvency, Liquidity and Credit Risk? Evidence from the MENA Countries

How Does Bank Competition Affect Solvency, Liquidity and Credit Risk? Evidence from the MENA Countries »

Volume/Issue: 2015/210

Series: IMF Working Papers

Author(s): Raja Almarzoqi , Sami Ben Naceur , and Alessandro Scopelliti

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 September 2015

DOI: http://dx.doi.org/10.5089/9781513581910.001

ISBN: 9781513581910

Keywords: Bank Competition, Solvency, Bank Regulation, Supervision, bank, risk, banking, credit, Government Policy and Regulation, Corporation and Securities Law

The paper analyzes the relationship between bank competition and stability, with a specific focus on the Middle East and North Africa. Price competition has a positive effect on bank liquidity, as it induces self-d...

'But we are different!'

'But we are different!' »

Source: 'But we are different!' : 12 Common Weaknesses in Banking Laws, and What to Do About Them

Volume/Issue: 2015/200

Series: IMF Working Papers

Author(s): Wouter Bossu , and Dawn Chew

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 2015

ISBN: 9781513586458

Keywords: Banking Regulation, Policy Analysis, banking, laws, bank, banks, Government Policy and Regulation, Corporation and Securities Law, Regulated Industries and Administrative Law,

Well-designed banking laws are critical for regulating the market access and operations of banks, as well as their removal from the market in case of failure. While at a financial policy level there is a broad cons...

'But we are different!'
			: 12 Common Weaknesses in Banking Laws, and What to Do About Them

'But we are different!' : 12 Common Weaknesses in Banking Laws, and What to Do About Them »

Volume/Issue: 2015/200

Series: IMF Working Papers

Author(s): Wouter Bossu , and Dawn Chew

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 2015

DOI: http://dx.doi.org/10.5089/9781513586458.001

ISBN: 9781513586458

Keywords: Banking Regulation, Policy Analysis, banking, laws, bank, banks, Government Policy and Regulation, Corporation and Securities Law, Regulated Industries and Administrative Law,

Well-designed banking laws are critical for regulating the market access and operations of banks, as well as their removal from the market in case of failure. While at a financial policy level there is a broad cons...

Comparing the Employment-Output Elasticities of Expatriates and Nationals in the Gulf Cooperation Council

Comparing the Employment-Output Elasticities of Expatriates and Nationals in the Gulf Cooperation Council »

Source: Comparing the Employment-Output Elasticities of Expatriates and Nationals in the Gulf Cooperation Council

Volume/Issue: 2015/191

Series: IMF Working Papers

Author(s): Alberto Behar

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 August 2015

ISBN: 9781513573885

Keywords: Employment Elasticities, Labor Market Adjustment Costs, GCC, Gulf Cooperation Council, labor market, labor, private sector, unemployment, Labor Economics: General, Labor Economics Policies

We estimate the elasticity of private-sector employment to non-oil GDP in the Gulf Cooperation Council (GCC) for GCC nationals and expatriates using a Seemingly Unrelated Error Correction (SUREC) model. Our results...

Comparing the Employment-Output Elasticities of Expatriates and Nationals in the Gulf Cooperation Council

Comparing the Employment-Output Elasticities of Expatriates and Nationals in the Gulf Cooperation Council »

Volume/Issue: 2015/191

Series: IMF Working Papers

Author(s): Alberto Behar

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 August 2015

DOI: http://dx.doi.org/10.5089/9781513573885.001

ISBN: 9781513573885

Keywords: Employment Elasticities, Labor Market Adjustment Costs, GCC, Gulf Cooperation Council, labor market, labor, private sector, unemployment, Labor Economics: General, Labor Economics Policies

We estimate the elasticity of private-sector employment to non-oil GDP in the Gulf Cooperation Council (GCC) for GCC nationals and expatriates using a Seemingly Unrelated Error Correction (SUREC) model. Our results...

Integrated Ownership and Control in the GCC Corporate Sector

Integrated Ownership and Control in the GCC Corporate Sector »

Volume/Issue: 2015/184

Series: IMF Working Papers

Author(s): Andre Santos

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 August 2015

DOI: http://dx.doi.org/10.5089/9781513589459.001

ISBN: 9781513589459

Keywords: GCC countries, network analysis, integreated ownership, concentration, shareholders, shares, debt, stock, shareholder, Government Policy and Regulation,

The objective of the paper is to assess ownership and control links in the GCC corporate sector. The analysis focuses on the integrated ownership and network arising from ownership data available in Bloomberg and G...

Integrated Ownership and Control in the GCC Corporate Sector

Integrated Ownership and Control in the GCC Corporate Sector »

Source: Integrated Ownership and Control in the GCC Corporate Sector

Volume/Issue: 2015/184

Series: IMF Working Papers

Author(s): Andre Santos

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 August 2015

ISBN: 9781513589459

Keywords: GCC countries, network analysis, integreated ownership, concentration, shareholders, shares, debt, stock, shareholder, Government Policy and Regulation,

The objective of the paper is to assess ownership and control links in the GCC corporate sector. The analysis focuses on the integrated ownership and network arising from ownership data available in Bloomberg and G...

Economic Diversification in the GCC

Economic Diversification in the GCC »

Source: Economic Diversification in the GCC : Past, Present, and Future

Volume/Issue: 2014/12

Series: Staff Discussion Notes

Author(s): Tim Callen , Reda Cherif , Fuad Hasanov , Amgad Hegazy , and Padamja Khandelwal

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 December 2014

ISBN: 9781498303231

Keywords: Export diversification, Exports, Bahrain, Cooperation Council for the Arab States of the Gulf, Cross country analysis, Economic growth, Oil revenues, Oman, Private sector, Saudi Arabia

Abstract: The economies of the six Gulf Cooperation Council (GCC) countries are heavily reliant on oil. Greater economic diversification would reduce their exposure to volatility and uncertainty in the global oil m...

Economic Diversification in the GCC
			: Past, Present, and Future

Economic Diversification in the GCC : Past, Present, and Future »

Volume/Issue: 2014/12

Series: Staff Discussion Notes

Author(s): Tim Callen , Reda Cherif , Fuad Hasanov , Amgad Hegazy , and Padamja Khandelwal

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 December 2014

DOI: http://dx.doi.org/10.5089/9781498303231.006

ISBN: 9781498303231

Keywords: Export diversification, Exports, Bahrain, Cooperation Council for the Arab States of the Gulf, Cross country analysis, Economic growth, Oil revenues, Oman, Private sector, Saudi Arabia

Abstract: The economies of the six Gulf Cooperation Council (GCC) countries are heavily reliant on oil. Greater economic diversification would reduce their exposure to volatility and uncertainty in the global oil m...

Private Saving Accelerations

Private Saving Accelerations »

Volume/Issue: 2014/223

Series: IMF Working Papers

Author(s): Christian Ebeke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 2014

DOI: http://dx.doi.org/10.5089/9781498368490.001

ISBN: 9781498368490

Keywords: Private saving, accelerations, economic performance, saving, savings, volatility, investment, Macroeconomic Analyses of Economic Development,

Domestic private saving rates have been on a declining trend in many Emerging Markets (EMs), raising questions about countries' ability to generate sufficient domestic resources to finance investment. This paper ex...

Private Saving Accelerations1

Private Saving Accelerations1 »

Source: Private Saving Accelerations

Volume/Issue: 2014/223

Series: IMF Working Papers

Author(s): Christian Ebeke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 2014

ISBN: 9781498368490

Keywords: Private saving, accelerations, economic performance, saving, savings, volatility, investment, Macroeconomic Analyses of Economic Development,

Domestic private saving rates have been on a declining trend in many Emerging Markets (EMs), raising questions about countries' ability to generate sufficient domestic resources to finance investment. This paper ex...

IMF Executive Board Concludes 2014 Article IV Consultation with Kuwait

IMF Executive Board Concludes 2014 Article IV Consultation with Kuwait »

Source: Kuwait : Staff Report for the 2014 Article IV Consultation

Volume/Issue: 2014/333

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

ISBN: 9781498372541

Keywords: investment, oil prices, market, central bank, public investment

This 2014 Article IV Consultation highlights that economic activity in Kuwait picked up in 2014. Non-oil growth is projected at 3.5 percent driven by a combination of continued increase in domestic consumption and...

Kuwait
			: Staff Report for the 2014 Article IV Consultation

Kuwait : Staff Report for the 2014 Article IV Consultation »

Volume/Issue: 2014/333

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/10.5089/9781498372541.002

ISBN: 9781498372541

Keywords: investment, oil prices, market, central bank, public investment

This 2014 Article IV Consultation highlights that economic activity in Kuwait picked up in 2014. Non-oil growth is projected at 3.5 percent driven by a combination of continued increase in domestic consumption and...

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: Selected Issues

Kuwait: Selected Issues »

Source: 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

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: Selected Issues

Kuwait: Selected Issues »

Source: 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

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: Selected Issues

Kuwait: Selected Issues »

Source: 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

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: Selected Issues

Kuwait: Selected Issues »

Source: 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

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: Selected Issues

Kuwait: Selected Issues »

Source: 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

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: Selected Issues

Kuwait: Selected Issues »

Source: 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

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 2014 Article IV Consultation

Kuwait: Staff Report for the 2014 Article IV Consultation »

Source: Kuwait : Staff Report for the 2014 Article IV Consultation

Volume/Issue: 2014/333

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

ISBN: 9781498372541

Keywords: investment, oil prices, market, central bank, public investment

This 2014 Article IV Consultation highlights that economic activity in Kuwait picked up in 2014. Non-oil growth is projected at 3.5 percent driven by a combination of continued increase in domestic consumption and...

Kuwait: Staff Report for the 2014 Article IV Consultation—Informational Annex

Kuwait: Staff Report for the 2014 Article IV Consultation—Informational Annex »

Source: Kuwait : Staff Report for the 2014 Article IV Consultation

Volume/Issue: 2014/333

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

ISBN: 9781498372541

Keywords: investment, oil prices, market, central bank, public investment

This 2014 Article IV Consultation highlights that economic activity in Kuwait picked up in 2014. Non-oil growth is projected at 3.5 percent driven by a combination of continued increase in domestic consumption and...

Economic Impact of Selected Conflicts in the Middle East

Economic Impact of Selected Conflicts in the Middle East »

Source: Economic Impact of Selected Conflicts in the Middle East : What Can We Learn from the Past?

Volume/Issue: 2014/100

Series: IMF Working Papers

Author(s): Randa Sab

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 June 2014

ISBN: 9781498310895

Keywords: Conflict, post-conflict economic recovery, current account, refugees, post-conflict, civil war, central bank, Asia including Middle East,

Using narrative-based country-case studies, war episodes in the Middle East were examined to assess their economic impact on conflict and neighboring economies. The paper found that conflicts led to a contraction i...

Economic Impact of Selected Conflicts in the Middle East
			: What Can We Learn from the Past?

Economic Impact of Selected Conflicts in the Middle East : What Can We Learn from the Past? »

Volume/Issue: 2014/100

Series: IMF Working Papers

Author(s): Randa Sab

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 June 2014

DOI: http://dx.doi.org/10.5089/9781498310895.001

ISBN: 9781498310895

Keywords: Conflict, post-conflict economic recovery, current account, refugees, post-conflict, civil war, central bank, Asia including Middle East,

Using narrative-based country-case studies, war episodes in the Middle East were examined to assess their economic impact on conflict and neighboring economies. The paper found that conflicts led to a contraction i...

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

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

Source: 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

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...

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...

Macroprudential Policy in the GCC Countries

Macroprudential Policy in the GCC Countries »

Volume/Issue: 2014/1

Series: Staff Discussion Notes

Author(s): Zsofia Arvai , Ananthakrishnan Prasad , and Kentaro Katayama

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2014

DOI: http://dx.doi.org/10.5089/9781484334430.006

ISBN: 9781484334430

Keywords: Bahrain, Cooperation Council for the Arab States of the Gulf, Financial risk, Financial sector, Fiscal policy, Macroprudential Policy, Kuwait, Oman, Risk management, Saudi Arabia

As undiversified commodity exporters, GCC economies are prone to pro-cyclical systemic risk in the financial system. During periods of high hydrocarbon prices, favorable economic prospects make the financial sector...

Macroprudential Policy in the GCC Countries

Macroprudential Policy in the GCC Countries »

Source: Macroprudential Policy in the GCC Countries

Volume/Issue: 2014/1

Series: Staff Discussion Notes

Author(s): Zsofia Arvai , Ananthakrishnan Prasad , and Kentaro Katayama

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2014

ISBN: 9781484334430

Keywords: Bahrain, Cooperation Council for the Arab States of the Gulf, Financial risk, Financial sector, Fiscal policy, Macroprudential Policy, Kuwait, Oman, Risk management, Saudi Arabia

As undiversified commodity exporters, GCC economies are prone to pro-cyclical systemic risk in the financial system. During periods of high hydrocarbon prices, favorable economic prospects make the financial sector...

Credit Constraints, Political Instability, and Capital Accumulation

Credit Constraints, Political Instability, and Capital Accumulation »

Source: Credit Constraints, Political Instability, and Capital Accumulation

Volume/Issue: 2013/246

Series: IMF Working Papers

Author(s): Risto Herrala , and Rima Turk Ariss

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 December 2013

ISBN: 9781484303085

Keywords: credit constraints, political unrest, MENA countries, equity capital, real interest rate, equity ratio, capital goods, General,

We investigate the complex interactions between credit constraints, political instability, and capital accumulation using a novel approach based on Kiyotaki and Moore's (1997) theoretical framework. Drawing on a un...

Credit Constraints, Political Instability, and Capital Accumulation

Credit Constraints, Political Instability, and Capital Accumulation »

Volume/Issue: 2013/246

Series: IMF Working Papers

Author(s): Risto Herrala , and Rima Turk Ariss

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 December 2013

DOI: http://dx.doi.org/10.5089/9781484303085.001

ISBN: 9781484303085

Keywords: credit constraints, political unrest, MENA countries, equity capital, real interest rate, equity ratio, capital goods, General,

We investigate the complex interactions between credit constraints, political instability, and capital accumulation using a novel approach based on Kiyotaki and Moore's (1997) theoretical framework. Drawing on a un...

IMF Executive Board Concludes 2013 Article IV Consultation with Kuwait

IMF Executive Board Concludes 2013 Article IV Consultation with Kuwait »

Source: Kuwait : 2013 Article IV Consultation

Volume/Issue: 2013/336

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 December 2013

ISBN: 9781475526929

Keywords: oil, banking, banking system, recapitalization, gas

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. Ov...

Kuwait
			: Selected Issues

Kuwait : Selected Issues »

Volume/Issue: 2013/337

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 December 2013

DOI: http://dx.doi.org/10.5089/9781475550818.002

ISBN: 9781475550818

Keywords: oil, investment spending, permanent income, income growth, consumption parameters

This Selected Issues paper estimates the optimal allocation of government current spending, precautionary saving, and investment for Kuwait under uncertainty. The results show that in the face of high oil income vo...

Kuwait
			: 2013 Article IV Consultation

Kuwait : 2013 Article IV Consultation »

Volume/Issue: 2013/336

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 December 2013

DOI: http://dx.doi.org/10.5089/9781475526929.002

ISBN: 9781475526929

Keywords: oil, banking, banking system, recapitalization, gas

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. Ov...

Kuwait: Selected Issues

Kuwait: Selected Issues »

Source: Kuwait : Selected Issues

Volume/Issue: 2013/337

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 December 2013

ISBN: 9781475550818

Keywords: oil, investment spending, permanent income, income growth, consumption parameters

This Selected Issues paper estimates the optimal allocation of government current spending, precautionary saving, and investment for Kuwait under uncertainty. The results show that in the face of high oil income vo...

Kuwait: Selected Issues

Kuwait: Selected Issues »

Source: Kuwait : Selected Issues

Volume/Issue: 2013/337

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 December 2013

ISBN: 9781475550818

Keywords: oil, investment spending, permanent income, income growth, consumption parameters

This Selected Issues paper estimates the optimal allocation of government current spending, precautionary saving, and investment for Kuwait under uncertainty. The results show that in the face of high oil income vo...

Kuwait: Selected Issues

Kuwait: Selected Issues »

Source: Kuwait : Selected Issues

Volume/Issue: 2013/337

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 December 2013

ISBN: 9781475550818

Keywords: oil, investment spending, permanent income, income growth, consumption parameters

This Selected Issues paper estimates the optimal allocation of government current spending, precautionary saving, and investment for Kuwait under uncertainty. The results show that in the face of high oil income vo...

Kuwait: Staff Report for the 2013 Article IV Consultation

Kuwait: Staff Report for the 2013 Article IV Consultation »

Source: Kuwait : 2013 Article IV Consultation

Volume/Issue: 2013/336

Series: IMF Staff Country Reports

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 December 2013

ISBN: 9781475526929

Keywords: oil, banking, banking system, recapitalization, gas

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. Ov...