Slovak Republic : 2009 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion

1SVKEA2009001 Image
Price:  $18.00

Release Date: © July, 2009
ISBN : 978-1-45183-557-1
Stock #: 1SVKEA2009001
Stock Status: On back-order

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This 2009 Article IV Consultation highlights that following a period of rapid growth, economic activity in the Slovak Republic tumbled in the first half of 2009 as a result of the global crisis. Slovakia’s banks have so far withstood the global crisis relatively well. Executive Directors have encouraged the authorities to formulate and announce a credible medium-term fiscal consolidation strategy, aimed at bringing down the general government deficit to within the Maastricht norm in a timely manner. Directors have also emphasized that external competitiveness will require sustained structural reforms and wage discipline.


Economic policy , Fiscal policy

More publications in this series: IMF Staff Country Reports