Kuwait: Selected Issues
- ISBN-10
- 1498381308
- ISBN-13
- 9781498381307
- Series
- Kuwait
- Category
- Business & Economics
- Pages
- 66
- Language
- English
- Published
- 2014-12-09
- Publisher
- International Monetary Fund
- Author
- International Monetary Fund. Middle East and Central Asia Dept.
Description
This Selected Issues paper discusses the designing and implementing of Kuwait’s 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.
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Other editions
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- 2015-12-02
- 61 pages
- Ebook
- International Monetary Fund
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