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

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 e...

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Bibliographic Details
Corporate Author: International Monetary Fund (Author)
Format: Electronic eBook
Language:English
Published: Washington, D.C International Monetary Fund 2009
Series:IMF Staff Country Reports Country Report No. 09/221
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Summary: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
Physical Description:1 Online-Ressource (34 p)
ISBN:1451835574
9781451835571

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