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III Budget Structure and Implications for Fiscal Policy

III Budget Structure and Implications for Fiscal Policy »

Source: Kuwait : From Reconstruction to Accumulation for Future Generations

Series: Occasional Papers

Author(s): John Wilson , Susan Fennell , Nigel Chalk , Mohamed El-Erian , and Alexei Kireyev

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 April 1997

ISBN: 9781557756237

Keywords: central bank, expenditure, debt, capital expenditure, interest

In the years since the Iraqi occupation, Kuwait has recorded budget deficits as well as lower investment income. The budget deficits reflected the high spending associated with liberation, reconstruction, an...

Back Matter

Back Matter »

Source: Kuwait : From Reconstruction to Accumulation for Future Generations

Series: Occasional Papers

Author(s): John Wilson , Susan Fennell , Nigel Chalk , Mohamed El-Erian , and Alexei Kireyev

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 April 1997

ISBN: 9781557756237

Keywords: central bank, expenditure, debt, capital expenditure, interest

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, th...