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Kuwait: Staff Report for 2006 Article IV Consultation

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  • International Monetary Fund

Abstract

Kuwait’s 2006 Article IV Consultation reports that its macroeconomic performance has been strong in recent years reflecting sharply higher oil and non-oil activity. Over the medium term, Kuwait’s financial position is projected to remain strong. The large external current account and fiscal surpluses are expected to lead to a buildup of a large stock of financial assets for future generations. However, GDP growth is expected to slow down unless the pace of structural reforms accelerates.

Suggested Citation

  • International Monetary Fund, 2006. "Kuwait: Staff Report for 2006 Article IV Consultation," IMF Staff Country Reports 2006/132, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2006/132
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