Kuwait has made an impressive recovery from the damage and disruptions caused by the Iraqi invasion in 1990, as evidenced by the restoration of basic economic and social services, the recovery of the oil sector, the rehabilitation of infrastructure, and the steady reduction in the fiscal and balance of payments deficits. This paper examines recent developments in the Kuwaiti economy and discusses the country’s medium-term policy challenges of saving for future generations, strengthening the financial sector, and improving the functioning of the labor market.
Author: John F. Wilson, Susan Fennell, Nigel Andrew Chalk, Mohamed A. El-Erian, Alexei Kireyev,
Binding: Kindle Edition
Manufacturer: INTERNATIONAL MONETARY FUND
Number of pages: 59
Product group: eBooks
Studio: INTERNATIONAL MONETARY FUND
Publication Date: 1997-04-30
Publisher: INTERNATIONAL MONETARY FUND
Pages: 59
