IMF Staff Country Reports

Kingdom of the Netherlands: Netherlands: 2009 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Kingdom of the Netherlands: Netherlands

Publication Date:

February 4, 2010

Electronic Access:

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Summary:

The staff report for the Netherlands’ 2009 Article IV Consultation describes the economic developments and policies. State interventions in the financial sector have been broadly appropriate and consistent with a sound fix-it-and-exit approach. Measures have included capital injections, nationalization, and government guarantees. Although systemic risks have been addressed effectively and risk-weighted capital ratios are above required minima, building up equity to levels deemed more adequate in regulatory reform proposals and brisker lending to support the economic recovery may require banks to tap considerable extra capital.

Series:

Country Report No. 2010/034

Subject:

Banking Economic sectors Expenditure Financial sector Fiscal policy Fiscal stance Fiscal sustainability Labor