Kuwait : Staff Report for the 2002 Article IV Consultation

1KWTEA0012003 Image
Price:  $15.00

Release Date: © January, 2003
ISBN : 978-1-45182-228-1
Stock #: 1KWTEA0012003
Stock Status: On back-order

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This 2002 Article IV Consultation highlights that in 2001, overall real growth for Kuwait fell slightly as oil output dropped following OPEC-mandated production cuts. The real non-oil GDP growth decelerated to 0.5 percent from 1 percent in 2000 as the private sector investment remained broadly unchanged. Inflation remained low at less than 2 percent, reflecting little increase in import prices and a modest nominal effective appreciation of the dinar. The macroeconomic position continued to be strong despite a decline in oil exports receipts.

More publications in this series: IMF Staff Country Reports