VOL. XLIV

No. 07

12-February-2001

KUWAIT

Kuwait Looks For EconomicLeadership After Governments Resignation

The Kuwaiti economy achieved anominal GDP growth rate in 2000 of around 9% and a real rate of some 3%. Thecountry received solid praise from the International Monetary Fund (IMF) forits fiscal condition, and an average oil price of $26/B allowed for a replenishmentof reserves and a projected surplus for the first time in years. MoodysInvestors Service recently confirmed that the countrys...