Republic of Croatia : Staff Report for the 2006 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

February 27, 2007

Electronic Access:

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Summary:

The 2006 Article IV consultation underlies policy issues, including fiscal policy, monetary policy, and structural issues of the Republic of Croatia. Although bank restructuring and privatization have strengthened the financial sector, strong credit expansion and foreign exchange-induced credit risk have raised concerns. To address external vulnerabilities and reduce the burden of the large government on economic growth, Executive Directors recommended more ambitious fiscal consolidation than the authorities’ medium-term plans currently envisage. They stressed the urgency of restructuring the loss-making shipyards and removing impediments to privatization.

Series:

Country Report No. 07/81

Subject:

English

Publication Date:

February 27, 2007

ISBN/ISSN:

9781451817447/1934-7685

Stock No:

1HRVEA2007001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

72

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