Switzerland : 2008 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Switzerland

Author/Editor:

International Monetary Fund

Publication Date:

May 28, 2008

Electronic Access:

Free Full Text (PDF file size is 785 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Switzerland showed impressive growth performance owing to its strong macroeconomic policies and structural reform efforts. Executive Directors emphasized the need to maintain financial stability. They welcomed the well-timed injections of liquidity into the banking system. Directors also welcomed the stress testing framework to improve liquidity risk management, banks’ contingency plans, and liquidity management policies. They commended the monetary policy stance and the strong fiscal performance. They welcomed the Long-Term Sustainability Report and also the extension of the debt-brake rule to incorporate expenditures.

Series:

Country Report No. 08/170

Subject:

English

Publication Date:

May 28, 2008

ISBN/ISSN:

9781451807400/1934-7685

Stock No:

1CHEEA2008001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

56

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