The International Monetary Fund released the press release and staff report for Kuwait’s 2025 Article IV consultation, concluding that the country has begun transitioning from an oil-dependent welfare state toward a more dynamic and diversified economy. The report notes that reform momentum has been building, including through the enactment of the Financing and Liquidity Law. It also points to a public investment scale-up alongside work on wide-ranging fiscal and structural reforms, including changes to energy subsidies and mortgage lending.
International Monetary Fund 2026-02-24
International Monetary Fund publishes Kuwait Article IV report highlighting steps to diversify away from oil
The International Monetary Fund's 2025 Article IV consultation for Kuwait highlights the country's shift from an oil-dependent welfare state to a diversified economy. Key reforms include the Financing and Liquidity Law, increased public investment, and adjustments to energy subsidies and mortgage lending.