Analysis, data & forecasts on every country across the region

Economy / Kuwait

A Bumper Year For Spending

June 2006 | Economic Analysis

BMI View: The upward revision of our OPEC basket oil price forecasts bodes well for Kuwait's remaining firmly in surplus over the forecast period, although a sharp rise in spending in FY06/07 will reduce the surplus considerably in the near term.

Sorry, you must be a subscriber to view this article in full. If you are a subscriber please login.

[
: *
[
: *

Forgotten your password?

If you would like to subscribe to Middle East Monitor, The Gulf and gain instant access to this article, please click here to subscribe.

If you would like to take a trial to Middle East Monitor, The Gulf please click on the trial link below.

Free Trial to Middle East and Africa Monitor

Register here for your FREE trial to Middle East & Africa Monitor!

TAKE A TRIAL >>
Related Monitor Articles
Spend, Spend, Spend: A Dangerous Mentality

Economy / Kuwait BMI View: The decision of the Kuwaiti parliament not to pay off the private debts of its citizens is positive, in terms of democracy and in terms of fiscal prudence. But the fact that it was even considered...
December 2006
Lower Oil Prices: No Real Threat

Economy / Kuwait BMI View: Although we do envisage oil prices falling, economic growth will remain robust over the forecast period, barring any sharper than expected decline in the energy markets. The government will...
November 2006
Macroeconomic Forecast Kuwait

Economy / Kuwait Although revenues will undoubtedly remain robust, they will start to fall from FY06/07, thanks to lower oil prices in 2007: we forecast a drop in the OPEC basket to US$54.5/bbl next year, then a gradual...
October 2006
Increasing Democratic Freedom: A Threat To Stability?

Economy / Kuwait BMI View: Recent political noise has confirmed Kuwait's position as the most democratically free state in the Gulf, particularly following the elections, which resulted in a landmark victory for a coalition...
October 2006
Economic Activity

Economy / Kuwait BMI View: We see real GDP growth coming in at 5.5% this year, boosted by continued strong exports, investment and government spending, but falling gradually to 2.2% in 2010, as oil prices begin to slip,...
August 2006


All material on this site is protected by international copyright laws and use of this site is subject to our Terms & Conditions.
© 2008 Business Monitor International Ltd
Site powered by WORKSsitebuilder CMS