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Country Report Kuwait October 2009

Publication Date October 2009
Publisher EIU
Product Type Report
Pages 25
ISBN Number not applicable
Product Code EIU00609
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Summary

Outlook for 2010-11

  • The emir will remain the ultimate political authority. Disputes between parliament and the government are likely to persist in 2010-11 because changes to parliament have not been reflected in the make-up of the new cabinet.
  • Kuwaiti foreign policy will remain founded on a long-standing strategic alliance with the US. Efforts at Gulf Co-operation Council integration will also continue.
  • We forecast a budget surplus of 13.1% of GDP in fiscal year 2010/11 (April 1st-March 31st) as oil prices and oil output rise. A bigger output rise in 2011 will offset a fall in prices, resulting in an almost unchanged surplus in 2011/12.
  • Owing to higher oil production and higher volumes of Kuwaiti exports, we forecast that real GDP??

Content

  • Highlights
  • Outlook for 2010-11: Domestic politics
  • Outlook for 2010-11: International relations
  • Outlook for 2010-11: Policy trends
  • Outlook for 2010-11: Fiscal policy
  • Outlook for 2010-11: Monetary policy
  • Outlook for 2010-11: International assumptions
  • Outlook for 2010-11: Economic growth
  • Outlook for 2010-11: Inflation
  • Outlook for 2010-11: Exchange rates
  • Outlook for 2010-11: External sector
  • Outlook for 2010-11: Forecast summary
  • The political scene: Political agenda is dominated by public health issues
  • Economic policy: The private sector's role in energy projects is controversial
  • Economic policy: The cabinet rejects demands for consumer loan acquisitions
  • Economic performance: Rankings expose economic strengths and weaknesses
  • Economic performance: In focus
  • Economic performance: The local Islamic finance sector is to be reshaped
  • Data and charts: Annual data and forecast
  • Data and charts: Quarterly data
  • Data and charts: Monthly data
  • Data and charts: Annual trends charts
  • Data and charts: Monthly trends charts
  • Data and charts: Comparative economic indicators
  • Basic data
  • Political structure

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