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

International Monetary Fund

No 2011/121, IMF Staff Country Reports from International Monetary Fund

Abstract: The global crisis exacerbated the Slovenian economy’s previous imbalances in the fiscal, financial, and real sectors. The authorities agreed that fiscal consolidation including pension, health care, and financial management is essential for sustainable recovery. The Bank of Slovenia emphasizes that banks’ governance and capitalization should be enhanced, regardless of ownership. The authorities suggested that structural reforms in labor and product markets are critical to boost potential growth. The authorities agreed that maintaining competitiveness is crucial for Slovenia as it has a small and export-dependent economy.

Keywords: ISCR; CR; government; deficit; recapitalization; state bank recapitalization; recapitalization of NLB; staff scenario; issued share; staff encouragement; Wages; Employment; Pension reform; Global (search for similar items in EconPapers)
Pages: 57
Date: 2011-05-31
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