Slovak Republic: 2007 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion

July 3, 2007

Preview Citation

Format: Chicago

Slovak Republic: 2007 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion, (USA: International Monetary Fund, 2007) accessed November 26, 2024

Summary

The staff report for the 2007 Article IV Consultation highlights the Slovak Republic’s macroeconomic outlook and policy discussions. The National Bank of Slovakia (NBS) has been following a hybrid monetary framework focused on restraining inflation and on maintaining the exchange rate within the Exchange Rate Mechanism 2 (ERM2) requirements. Executive Directors encouraged the NBS to conduct its policy, and its communications with market participants. They also stressed the importance of ensuring that the labor code amendments under consideration would not raise labor costs and reduce labor market flexibility.

Subject: Budget planning and preparation, Expenditure, External debt, Labor, Public debt, Public financial management (PFM), Wages

Keywords: Appendix I. Slovak Republic, Baltics, Budget planning and preparation, CR, Currency appreciation, Current account, GDP, ISCR, Maastricht inflation criterion, NBS official, NBS policy rate, Slovakia, Unit value trade price price index, Wages

Publication Details

Pages:

49
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2007/226
Stock No:

1SVKEA2007002
ISBN:

9781451835557
ISSN:

1934-7685

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