TY - BOOK ID - 84657886 TI - Kuwait : Selected Issues. PY - 2013 SN - 1475550952 1475526458 1475551223 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Kuwait KW - Koweit KW - Kuwayt KW - Kuvayt KW - Kuveĭt KW - Dowlat al Kuwait KW - Dawlat al-Kuwayt KW - State of Kuwait KW - Economic conditions. KW - Economic policy. KW - Banks and Banking KW - Investments: Energy KW - Exports and Imports KW - Labor KW - Macroeconomics KW - Finance: General KW - Aggregate Factor Income Distribution KW - Banks KW - Depository Institutions KW - Micro Finance Institutions KW - Mortgages KW - Macroeconomics: Consumption KW - Saving KW - Wealth KW - Energy: Demand and Supply KW - Prices KW - Energy: General KW - Financial Institutions and Services: Government Policy and Regulation KW - Banking KW - Labour KW - income economics KW - Investment & securities KW - Financial services law & regulation KW - Finance KW - Income KW - Oil prices KW - Consumption KW - Precautionary savings KW - National accounts KW - Capital adequacy requirements KW - Financial regulation and supervision KW - Commercial banks KW - Financial institutions KW - Banks and banking KW - Economics KW - Saving and investment KW - Asset requirements UR - https://www.unicat.be/uniCat?func=search&query=sysid:84657886 AB - This Selected Issues paper estimates the optimal allocation of government current spending, precautionary saving, and investment for Kuwait under uncertainty. The results show that in the face of high oil income volatility and the expected decline in oil prices, projected current spending exceeds the optimal amount over the medium term (2013–2018). However, there is room to increase investment spending, which should contribute to the growth of the tradable sector, as the projected investment rate is lower than the optimal investment rate of 20 percent of government income. ER -