Supporting Economic Reform Pathways

Finance Minister Dr. Yaqoub Al-Rafai met yesterday with a mission from the International Monetary Fund (IMF), led by Mission Chief Vincenzo Giorno, to discuss the latest economic and financial developments in the country. The Ministry of Finance said in a press release that the meeting reviewed the most recent updates on economic performance and the government’s efforts to enhance fiscal sustainability, develop the public finance system, and support economic reform paths in line with Kuwait’s development objectives and the “New Kuwait 2035” vision. The ministry noted that the meeting also addressed ways to strengthen the existing cooperation between Kuwait and the IMF, leverage technical expertise, and exchange views on future economic prospects. It added that both sides emphasized the importance of continuing cooperation and joint coordination to contribute to supporting economic and financial stability and achieving sustainable development. It is worth noting that the IMF mission officially visited the country from November 2 to 9.