IMF Staff Country Reports

Republic of Croatia: 2011 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Croatia

Publication Date:

July 1, 2011

Electronic Access:

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Summary:

In this study, the economic stability of Croatia is overviewed after the global crisis. The reforms outlined in the government’s economic recovery program (ERP) are in progress. Judicial reforms are instituted to strengthen bankruptcy procedures for companies. To improve the medium-term growth prospects of the economy, there is a need to tackle the structural rigidities. Executive Directors agreed that monetary policy should aim at gradually building up reserves in order to increase Croatia’s resilience to external vulnerabilities, while exercising caution toward shifts

Series:

Country Report No. 2011/159

Subject:

Banking Currencies Exchange rate arrangements Expenditure External debt Money PFM legal and regulatory frameworks Public debt Public financial management (PFM)