Republic of San Marino : 2009 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice; and Statement by the Executive Director for the Republic of San Marino

Author/Editor:

International Monetary Fund

Publication Date:

March 15, 2010

Electronic Access:

Free Full text (PDF file size is 786 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2009 Article IV Consultation highlights that the global financial crisis, which began to affect the economy of San Marino in the second half of 2008, is likely to continue to do so in 2009–10. Short-term vulnerabilities in the financial sector have risen owing to exposure of the largest bank to a troubled Italian banking group and to liquidity pressures from a tax amnesty adopted by the Italian government. Executive Directors have commended the authorities for strengthening international cooperation in economic and financial matters.

Series:

Country Report No. 10/67

Subject:

English

Publication Date:

March 15, 2010

ISBN/ISSN:

9781451982367/1934-7685

Stock No:

1SMREA2010002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

36

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