Sweden: Staff Report for the 2000 Article IV Consultation

International Monetary Fund

No 2000/118, IMF Staff Country Reports from International Monetary Fund

Abstract: In Sweden, the authorities have indicated that their medium-term fiscal strategy is based on restraining expenditures through nominal ceilings and maintaining a fiscal surplus target of 2 percent of gross domestic product (GDP), measured as an average over the cycle. The mission has praised the authorities’ medium-term fiscal strategy but argued that assuming that a structural surplus of 2 percent is maintained and that policy slippages on expenditures are avoided, the room for tax cuts is about 4 percent of GDP over the 2001–03 period, considerably more than envisaged by the authorities.

Keywords: ISCR; CR; core rate of inflation; IMF staff projection; consumer price inflation; core rate; wage inflation; Riksbank's inflation target; house price inflation; inflation outcome; core inflation rate; staff appraisal; Wages; Inflation; Employment; Income tax systems (search for similar items in EconPapers)
Pages: 25
Date: 2000-09-07
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Citations: View citations in EconPapers (14)

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