Slovak Republic: 2012 Article IV Consultation; Staff Report; Informational Annex; and Public Information Notice on the Executive Board Discussion

July 17, 2012

Preview Citation

Format: Chicago

Slovak Republic: 2012 Article IV Consultation; Staff Report; Informational Annex; and Public Information Notice on the Executive Board Discussion, (USA: International Monetary Fund, 2012) accessed November 27, 2024

Summary

Strong exports in the Slovak Republic supported a healthy economic expansion with real GDP growing 3.3 percent in 2011. The 2012 Article IV Consultation highlights that the robust performance of net exports offset the contraction in domestic demand amid fiscal consolidation and volatile consumer confidence. Executive Directors have commended the prudent macroeconomic policies and sound fundamentals that have underpinned a strong recovery for the Slovak economy. Directors have also supported the authorities’ consolidation strategy to achieve fiscal sustainability.

Subject: Banking, Expenditure, External debt, Financial institutions, Fiscal consolidation, Loans, Public debt, Revenue administration

Keywords: Banking system, Central and Eastern Europe, Consumer confidence, CR, Deficit, Europe, GDP, Global, ISCR, Liability positions vis, Loans, Middle East, Slovakia's real GDP growth, Statistics, Trade price, Unit value trade price price index, Vis nonresident, Western Hemisphere

Publication Details

Pages:

63
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2012/178
Stock No:

1SVKEA2012001
ISBN:

9781475504972
ISSN:

1934-7685

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