Republic of Croatia; 2004 Article IV Consultation and Request for Stand-By Arrangement-Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Croatia

This paper examines Croatiaâ€™s 2004 Article IV Consultation and Request for Stand-By Arrangement (SBA). Croatia has established a record of solid growth and low inflation since the mid-1990s. Real GDP growth has averaged about 4.5 percent, with inflation in the low single digits. This performance compares well with the European Union-15 (EU-15) and other Central and Eastern European countries (CEECs). Structural reform has also advanced, and the private sector is vibrant. To support their policies for 2004â€“05, the authorities have requested a new 20-month SBA, which they intend to treat as precautionary.

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Year of publication:	2004-08-12
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Announcements \| Article IV consultations \| Staff Reports \| Stand-by arrangement requests \| external debt \| current account \| fiscal policy \| foreign debt \| government deficit \| balance of payments \| current account deficit \| public debt \| government debt \| debt service \| debt ratio \| debt management \| fiscal consolidation \| tax burden \| foreign borrowing \| public finances \| fiscal deficit \| aggregate demand \| short-term debt \| domestic savings \| fiscal adjustment \| public sector debt \| current account balance \| debt sustainability \| primary deficit \| tax reform \| domestic financing \| central bank \| repurchases \| budgetary funds \| domestic currency \| budget law \| total external debt \| debt dynamics \| government spending \| public finance \| fiscal deficits \| quasi-fiscal deficits \| fiscal operations \| debt stock \| public expenditure \| account deficits \| fiscal discipline \| net external debt \| external debt sustainability \| external debt service \| external payments \| external payments arrears \| fiscal targets \| external shocks \| external debt burden \| fiscal balance \| current account deficits \| debt burden \| high tax burden \| quasi-fiscal activities \| expenditure reform \| fiscal sustainability \| tax rates \| public debt management \| external financing \| debt management department \| medium-term fiscal framework \| fiscal activities \| repayments \| fiscal performance \| fiscal framework \| reserve assets \| budget balance \| tax base \| interest expenditure \| primary budget balance \| currency mismatches \| reserve management \| long-term loans \| external debt data \| fiscal decentralization \| liquidity injection \| total debt stock \| fiscal obligations \| structural adjustment \| budget constraint \| fiscal reporting \| debt data \| tax compliance \| central government spending \| fiscal effort \| long-term debt \| imf purchases \| spending control \| general resources account \| debt service to export \| capital expenditure \| fiscal plans \| credit tranche \| domestic financial market \| private external debt \| fiscal transactions \| imf repurchases \| foreign indebtedness \| public and publicly guaranteed debt \| current account adjustment \| currency mismatch \| fiscal consolidation effort \| external shock \| domestic saving \| share of public spending \| debt service to exports \| tax revenue \| public spending \| public expenditures \| foreign loan \| tax policy \| tax reforms \| fiscal program \| fiscal data \| annual budgets \| debt statistics \| expenditure policy \| stock of debt \| tax evasion \| fiscal assumptions \| fiscal transparency \| government budget \| central government budget \| fiscal policy framework \| expenditure programs \| taxation \| debt servicing \| public and publicly guaranteed

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 04/253 9 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005768648