Cover IMF Staff Country Reports
Kuwait: 2023 Article IV Consultation-Press Release; and Staff Report
Author: International Monetary Fund. Middle East and Central Asia Dept.
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2023: Issue 331
Language:
English
Publication Date:
18 Sep 2023
DOI:
https://doi.org/10.5089/9798400254680.002
ISBN:
9798400254949
ISSN:
1934-7685
Pages:
83
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Benefiting from high oil prices, Kuwait’s economic recovery continues, and the fiscal and external balances have strengthened. Inflation is contained and external buffers are increasing. However, structural challenges persist. The dominance of oil in Kuwait’s economy coupled with global decarbonization trends underscore the urgency for economic diversification and structural transformation, and the pursuit of fiscal reforms to reinforce sustainability.
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund