IMF-Kuwait: Selected Issues

December 9, 2024-Summary
The economy remains in recession, but a recovery has begun in the non-oil sector, and inflation is moderating. Lower oil prices and production have weakened the external and fiscal balances, while financial stability has been maintained.

The risks around the outlook are skewed to the downside, but substantial financial buffers are a source of resilience to external shocks.

These are accumulating share classes in which the returns are reinvested.