Kuwait: Selected Issues

International Monetary Fund

No 2015/328, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper analyzes energy price reform in Kuwait. It emphasizes that Kuwait should take advantage of current low global energy prices to strengthen efforts to reform domestic energy prices. In the longer term, this would benefit growth by increasing efficiency in the economy and creating space for higher public and private investment. In the short-term, one-off effects on inflation should be manageable. Productive activities more sensitive to energy costs, particularly the transport sector, would be able to adjust to higher energy prices more easily if the reform is gradual.

Keywords: ISCR; CR; firm; price; debt; companies debt; energy price; real estate; transport company; installments loan; beverages company; wage subsidy; Energy prices; Inflation; Labor markets; Employment; Fuel prices; Global; Asia and Pacific; Europe; Africa (search for similar items in EconPapers)
Pages: 67
Date: 2015-12-02
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Citations: View citations in EconPapers (1)

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