Slovak Republic; 2011 Article IV Consultation-Staff Report; Informational Annex; and Public Information Notice on the Executive Board Discussion

The Slovak economy showed recovery from sharp recession. Executive Directors suggested that restoring fiscal sustainability and removing unemployment while maintaining external competitiveness within the monetary union should be given priority. The fiscal consolidation strategy could be facilitated by adopting real expenditure growth with deficit targets and expenditure policy priorities, including reforming health care and pensions. However, public procurement and absorption of EU funds are important for enhancing the business environment and strengthening public sector governance.

MoreLess

Year of publication:	2011-06-01
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Article IV consultation reports \| Banking sector \| Economic growth \| Economic indicators \| Economic recovery \| Fiscal reforms \| Pension funds \| Pension reforms \| Staff Reports \| Unemployment \| bonds \| financial sector \| government bonds \| bond \| fiscal policy \| fiscal consolidation \| revenue collection \| bond market \| government bond \| government deficit \| fiscal framework \| expenditure growth \| fiscal deficit \| fiscal position \| tax collection \| fiscal adjustment \| government spending \| sovereign bonds \| government bond market \| fiscal council \| tax collections \| public debt \| fiscal planning \| stock market capitalization \| bond issuances \| fiscal operations \| capital expenditures \| stock market \| expenditure cuts \| financial markets \| fiscal balance \| cyclical fiscal policy \| private bond \| fiscal policy priorities \| capital expenditure \| deposit rates \| public bond \| mortgage bonds \| tax revenue \| public finances \| financial derivatives \| fiscal issues \| expansionary fiscal \| tax revenues \| fiscal indicators \| financial system \| tax base \| expansionary fiscal policy \| fiscal support \| debt service \| government revenue \| budgetary impact \| tax system \| flat income tax \| bond market capitalization \| domestic financial markets \| domestic government bond \| domestic financial sector \| fiscal consolidation efforts \| budget deficits \| portfolio investment \| public spending \| fiscal rules \| tax cuts \| equity market \| budget deficit \| state budget \| stock of government debt \| bond yield \| fiscal stimulus \| fiscal impact \| municipal spending \| tax evasion \| public finance \| financial corporations \| government expenditure \| financial statements \| excessive deficit procedure \| general government expenditure \| budget support \| fiscal transparency \| bond yields \| domestic government bonds

More details

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 11/122 5 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011244121