01629cas a2200241 a 4500 AALejournalIMF014009 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475550818 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Middle East and Central Asia Dept. Kuwait : Selected Issues. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (43 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2013/337 Full text available on IMF http://elibrary.imf.org/view/journals/002/2013/337/002.2013.issue-337-en.xml IMF e-Library