Middle East Economic Survey
VOL. LII
No 21
25-May-2009
KUWAIT
Kuwait Challenged By Global Crisis, Longer Term Reforms, Says IMF
Kuwaits economy performed strongly in 2008, but the key challenge in the near term is containing the fallout from the global economic crisis, the International Monetary Fund (IMF) said at the conclusion of the 2009 Article IV consultation with the country. The major risks are a rapid deterioration in the balance sheet of financial institutions and a prolonged global...
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