VOL. XLVI

No 2

13-January-2003

KUWAIT

IMF Commends Kuwaits Fiscal Policy But Stresses Need For Non-Oil Growth

Kuwait has pursued prudent fiscal monetary policies in an open and free exchange and trading system, but while the medium term outlook remains favorable it still faces a number of challenges, said the International Monetary Fund (IMF) in the Public Information Notice that was published on 2 January following conclusion of Article IV Consultations with the country.

Kuwaits policies have...