04737oam 22013334 450 991016292470332120250426110126.09781475566673147556667097814755667101475566719(CKB)3710000001045057(MiAaPQ)EBC4800304(IMF)1KWTEA20170011KWTEA2017001(EXLCZ)99371000000104505720020129d2017 uf 0engurcnu||||||||rdacontentrdamediardacarrierKuwait : 2016 Article IV Consultation-Press Release; and Staff ReportWashington, D.C. :International Monetary Fund,2017.1 online resource (67 pages) illustrations (some color), graphs, tablesIMF Staff Country Reports9781475566543 1475566549 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.IMF Staff Country Reports; Country Report ;No. 2017/015Financial crisisBanks and BankingimfExports and ImportsimfMacroeconomicsimfPublic FinanceimfStatisticsimfFinancial Risk ManagementimfEnergy: Demand and SupplyimfPricesimfBanksimfDepository InstitutionsimfMicro Finance InstitutionsimfMortgagesimfAggregate Factor Income DistributionimfDebtimfDebt ManagementimfSovereign DebtimfFiscal PolicyimfCurrent Account AdjustmentimfShort-term Capital MovementsimfGeneral Aggregative Models: GeneralimfBankingimfPublic finance & taxationimfEconometrics & economic statisticsimfFinanceimfOil pricesimfIncomeimfGovernment debt managementimfFiscal stanceimfNational accountsimfPublic financial management (PFM)imfBalance of payments statisticsimfEconomic and financial statisticsimfBanks and bankingimfDebts, PublicimfFiscal policyimfBalance of paymentsimfNational incomeimfKuwaitEconomic conditionsKuwaitimfFinancial crisis.Banks and BankingExports and ImportsMacroeconomicsPublic FinanceStatisticsFinancial Risk ManagementEnergy: Demand and SupplyPricesBanksDepository InstitutionsMicro Finance InstitutionsMortgagesAggregate Factor Income DistributionDebtDebt ManagementSovereign DebtFiscal PolicyCurrent Account AdjustmentShort-term Capital MovementsGeneral Aggregative Models: GeneralBankingPublic finance & taxationEconometrics & economic statisticsFinanceOil pricesIncomeGovernment debt managementFiscal stanceNational accountsPublic financial management (PFM)Balance of payments statisticsEconomic and financial statisticsBanks and bankingDebts, PublicFiscal policyBalance of paymentsNational income330.95367DcWaIMFBOOK9910162924703321KUWAIT1209147UNINA