Kuwait: Large surpluses provide financial cushion

3/10/2014 - Report
ic_blogtagKuwaitBusiness ClimateCountry RiskGrowthTrade
Kuwaits' economy is all about oil, as earnings from exports of hydrocarbons boost the non-oil sector. Inflationary pressures to remain subdued and exchange rate policy will remain unchanged amid large fiscal surpluses. Current account surpluses are among the highest in the world. FX reserves provide import cover of over nine months and external debt obligations are low.

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Kuwait: Large surpluses provide financial cushion - Report