Slovak Republic : Staff Report for the 2005 Article IV Consultation

1SVKEA2006001 Image
Price:  $15.00

Release Date: © March, 2006
ISBN : 978-1-45183-553-3
Stock #: 1SVKEA2006001
Stock Status: On back-order

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The Slovak Republic’s 2005 Article IV Consultation reports that sound macroeconomic management and a wide range of fundamental structural reforms are supporting nominal convergence with European Union norms. Real GDP growth accelerated to 6 percent in 2005, driven by an improvement in the contribution of net foreign demand while domestic demand growth maintained momentum. The external current account deficit doubled to about 7¼ percent of GDP, owing to a deterioration in the terms of trade and higher reinvested earnings on foreign investment.


Economic policy , Exchange rate policy , Fiscal policy , Foreign exchange , Labor market , Monetary policy , Wages

More publications in this series: IMF Staff Country Reports