Greece : First Review Under the Stand-By Arrangement
The recession is unfolding in line with expectations. Inflation is higher than expected from indirect tax hikes. The key challenges remain restoring fiscal sustainability, safeguarding financial sector stability, and boosting competitiveness—and hence growth and employment. Staff and authorities agreed that nominal growth will be somewhat higher than originally anticipated. The government will facilitate private investment including through the privatization program. Stronger public financial management and especially tax administration are needed to mitigate risks. Advancing tax administration reform is a crucial priority to limit risks
Year of publication: |
2010
|
---|---|
Institutions: | International Monetary Fund ; International Monetary Fund (contributor) |
Publisher: |
Washington, D.C : International Monetary Fund |
Subject: | IWF-Kredit | IMF lending | Griechenland | Greece |
Saved in:
freely available
Extent: | Online-Ressource (107 p) |
---|---|
Series: | IMF staff country report. - Washington, DC : IMF, ZDB-ID 2390613-3. - Vol. Country Report No. 10/286 |
Type of publication: | Book / Working Paper |
Language: | English |
ISBN: | 1-4552-0692-X ; 978-1-4552-0692-6 |
Other identifiers: | 10.5089/9781455206926.002 [DOI] |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10014403550
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