Kuwait : Selected Issues.

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 volatility and the expected decline in oil prices, projected current spending exceeds th...

Täydet tiedot

Bibliografiset tiedot
Yhteisötekijä: International Monetary Fund. Middle East and Central Asia Dept
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2013.
Sarja:IMF Staff Country Reports; Country Report ; No. 2013/337
Linkit:Full text available on IMF
Kuvaus
Yhteenveto: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 volatility and the expected decline in oil prices, projected current spending exceeds the optimal amount over the medium term (2013-2018). However, there is room to increase investment spending, which should contribute to the growth of the tradable sector, as the projected investment rate is lower than the optimal investment rate of 20 percent of government income.
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Ulkoasu:1 online resource (43 pages)
Aineistotyyppi:Mode of access: Internet
ISSN:1934-7685
Pääsy:Electronic access restricted to authorized BRAC University faculty, staff and students