This Selected Issues paper discusses the designing and implementing of Kuwaitas fiscal policy for the medium term. Fiscal policy has a major role to play in supporting macrostability and diversification. The fiscal strategy design and implementation on a yearly basis are based on a few key areas such as determining targets or ceilings for major fiscal parameters for a three-year rolling framework with binding next budget year and indicative two outer years, establishing a clear process for expressing policy objectives and their link to expenditure, etc. The illustrative budget sequencing with the fiscal strategy spearheading medium-term fiscal policymaking and linked to the annual budget process would support fiscal policy implementation.Itreviews the performanceandoperations of Islamic banks in Kuwait;assesses the potential risks and vulnerabilities ... fundsaccounted for 9 percent, whichis thethird largest share [Kuwait Finance House Research and Islamic Financialanbsp;...
Title | : | Kuwait: Selected Issues Paper |
Author | : | International Monetary Fund. Middle East and Central Asia Dept. |
Publisher | : | International Monetary Fund - 2014-12-09 |
You must register with us as either a Registered User before you can Download this Book. You'll be greeted by a simple sign-up page.
Once you have finished the sign-up process, you will be redirected to your download Book page.
How it works: