Czech Republic : 2012 Article IV Consultation: Staff Report: Staff Supplements; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Czech Republic

Publication Date: May 18, 2012
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Summary: Economic activity in the Czech Republic is expected to remain flat in 2012 and gradually gain momentum as external conditions improve. The 2012 Article IV Consultation discusses that monetary conditions have been appropriately supportive of economic activity. The Czech financial system has proved resilient to the effects of the global crisis. Directors have commended the significant progress made in consolidating public finances and the authorities’ strong commitment to long-term fiscal sustainability. Directors have also discussed the appropriate fiscal policy stance in light of the weaker economic outlook for 2012.
Series: Country Report No. 12/115
Subject(s): Article IV consultation reports | Bank supervision | Banking sector | Debt sustainability analysis | Economic indicators | Fiscal consolidation | Fiscal reforms

Publication Date: May 18, 2012
ISBN/ISSN: 9781475503739/1934-7685 Format: Paper
Stock No: 1CZEEA2012001 Pages: 57
US$18.00 (Academic Rate:
US$18.00 )
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