Over dit e-boek
This Selected Issues paper on Kuwait focuses on fiscal expenditures with the aim of identifying potential areas for reform. While the authorities’ planned non-oil revenue measures are welcome, these alone will not reduce the authorities’ fiscal deficit sufficiently, highlighting the importance of expenditure reforms. This paper draws from previous episodes of adjustment in Kuwait and conducts some benchmarking—comparing Kuwait’s level of fiscal spending in various areas to that of peers—to identify areas for streamlining and efficiency improvement. Kuwait needs to implement fiscal consolidation to adjust to durably lower oil prices. The collapse in oil prices has resulted in substantial deterioration of both external and fiscal positions, leading to large fiscal financing needs. In order to preserve the fiscal buffers and provide equitable consumption of future generations, Kuwait needs to consolidate its fiscal position. While the planned tax reforms and repricing of government services are steps in the right direction, fiscal consolidation also needs to rely heavily on streamlining expenditures.
Dit e-boek beoordelen
Geef ons je mening.
Informatie over lezen
Smartphones en tablets
Installeer de Google Play Boeken-app voor Android en iPad/iPhone. De app wordt automatisch gesynchroniseerd met je account en met de app kun je online of offline lezen, waar je ook bent.
Laptops en computers
Via de webbrowser van je computer kun je luisteren naar audioboeken die je hebt gekocht op Google Play.
eReaders en andere apparaten
Als je wilt lezen op e-ink-apparaten zoals e-readers van Kobo, moet je een bestand downloaden en overzetten naar je apparaat. Volg de gedetailleerde instructies in het Helpcentrum om de bestanden over te zetten op ondersteunde e-readers.
