Press Releases
01.08.11
International Monetary Fund Staff Report and Other Related Documents
On August 1, 2011 International Monetary Fund (IMF) has published the Staff Report for 2011 Article IV Consultation with Kuwait, Public Information Notice (PIN), the Statistical Appendix, Selected Issues. The Reports may be viewed by clicking here
More25.07.11
Fitch Affirms Kuwait at 'AA', Outlook Stable
On July 25, 2011 Fitch Ratings has affirmed Kuwait's Long-term foreign and local currency Issuer Default Ratings at 'AA'. The Outlook on the Long-term ratings is Stable. Fitch Press Release of July 25, 2011 as well as a summary in Arabic may be viewed by clicking here
More02.06.11
International Monetary Fund 2011 Article IV Consultation
An International Monetary Fund (IMF) mission visited Kuwait during April 27 - May 9, 2011 and held discussions with local authorities for the regular Article IV consultation. The Concluding Statement of that mission as well as a summary in Arabic may be viewed by clicking here
More05.05.11
Main Developments in the Balance of Payments of the State of Kuwait for the Year 2010
The Central Bank of Kuwait (CBK) released today the provisional figures for the Balance of Payments (BOP) of the State of Kuwait for 2010 and revised data for 2009. Provisional BOP figures for 2010 show significant rises in the surpluses realized in the main external balances during that year, compared to 2009. The surplus realized in the Current Account (which reflects the outcome of transactions between the domestic economy and other economies involving goods, services, investment income, and unrequited current transfers) increased by 42.3 %to reach KD 10553 million during 2010, compared with KD 7418 million during 2009. That increase in the Current Account surplus was mainly an outcome of the rise in the Surplus of the Balance on Goods (merchandise exports minus merchandise imports on f.o.b. basis) by about 38.7%, from KD 9897 million during 2009 to KD 13731 million during 2010.
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