Middle East Economic Survey
VOL. XLVIII
No 21
23-May-2005
KUWAIT
Kuwaiti Economy Buoyed By Oil And Iraq Trade, Says IMF
The performance of the Kuwaiti economy in 2003-04 strengthened further due to higher oil prices and production and trade with Iraq, according to the IMFs latest article IV consultations concluded on 25 April. Real GDP grew at an annual average rate of 8.5% in 2003-04 the highest level since 1990. Inflation remained low at 2%, while unemployment, although a major challenge,...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!