01730cas a2200241 a 4500 AALejournalIMF017345 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475566543 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Middle East and Central Asia Dept. Kuwait : 2016 Article IV Consultation-Press Release; and Staff Report. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (66 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 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 growth slowed from 5 percent to an estimated 3.5 percent in 2015, as higher uncertainty weighed on consumption. Labor market reforms and efforts to promote the role of the private sector are important to foster diversification and boost job creation for nationals. Better aligning labor market incentives is necessary to encourage nationals to take on private sector jobs and private firms to create opportunities for them. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2017/015 Full text available on IMF http://elibrary.imf.org/view/journals/002/2017/015/002.2017.issue-015-en.xml IMF e-Library