Slovak Republic: 2012 Article IV Consultation; Staff Report; Informational Annex; and Public Information Notice on the Executive Board Discussion
International Monetary Fund
No 2012/178, IMF Staff Country Reports from International Monetary Fund
Abstract:
Strong exports in the Slovak Republic supported a healthy economic expansion with real GDP growing 3.3 percent in 2011. The 2012 Article IV Consultation highlights that the robust performance of net exports offset the contraction in domestic demand amid fiscal consolidation and volatile consumer confidence. Executive Directors have commended the prudent macroeconomic policies and sound fundamentals that have underpinned a strong recovery for the Slovak economy. Directors have also supported the authorities’ consolidation strategy to achieve fiscal sustainability.
Keywords: ISCR; CR; unit value trade price price index; deficit; GDP; statistics; trade price; vis nonresident; banking system; liability positions vis; Slovakia's real GDP growth; consumer confidence; Loans; Global; Central and Eastern Europe; Europe; Middle East; Western Hemisphere (search for similar items in EconPapers)
Pages: 63
Date: 2012-07-17
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