Slovak Republic: 2004 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Slovak Republic

This 2004 Article IV Consultation highlights that Slovakia's economic performance has improved since the 2003 Article IV Consultation. Output has expanded strongly, and fiscal and external balances have narrowed substantially in recent years. These developments were assisted by large foreign di...

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Körperschaft: International Monetary Fund (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C International Monetary Fund 2005
Schriftenreihe:IMF Staff Country Reports Country Report No. 05/71
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Zusammenfassung:This 2004 Article IV Consultation highlights that Slovakia's economic performance has improved since the 2003 Article IV Consultation. Output has expanded strongly, and fiscal and external balances have narrowed substantially in recent years. These developments were assisted by large foreign direct investments and an improved business climate following important reforms-including to taxation, welfare, pensions, healthcare, and the labor market-that are supporting convergence to western European income levels. Economic activity was entirely export driven in 2003; real GDP increased by 4.5 percent despite a contraction in domestic demand
Beschreibung:1 Online-Ressource (57 p)
ISBN:1451835493
9781451835496

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