Slovak Republic: Staff Report for the 2001 Article IV Consultation
IMF Staff Country Reports, August 3, 2001
Source details
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- Slovak Republic: Staff Report for the 2001 Article IV Consultation
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Bibliographic details
- Published: August 3, 2001
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451835403.002
Fiscal position and assessment (1996–98)
- The measured fiscal deficits during 1996–98 "have substantially underestimated the extent of the fiscal problem in Slovakia."
- Fiscal vulnerabilities were evident prior to the change in government in October 1998.
Policy response and objectives (post-October 1998)
- The present government assumed office in October 1998, and "embarked on policies to restore macroeconomic balances and lay the basis for sustainable economic growth."
- Policy emphasis included fiscal tightening aimed at correcting previously underestimated fiscal imbalances.
Macroeconomic developments and demand dynamics (1999)
- Fiscal tightening combined with developments in the nongovernment sector "has led to a sharp fall in domestic demand in 1999."
- A "strong improvement in net trade performance partly offset" the negative impact of weaker domestic demand on aggregate demand.
Thematic coverage and keywords
- Subject areas covered: Economic sectors, Expenditure, External debt, Fiscal consolidation, Fiscal policy, Privatization, Public debt.
- Keywords included: anti-inflationary stance; authorities' strategy; CR; deficit; Eastern Europe; exchange rate; Fiscal consolidation; government; guarantees to enterprise; ISCR; June; NBS supervisor; Privatization; Slovak authorities; Slovak government; Slovakia; staff appraisal; state guarantee; Western Europe.
Publication metadata (selected)
- Pages: 61
- Volume: 2001
- Issue: 126
- Series: Country Report No. 2001/126
- DOI: https://doi.org/10.5089/9781451835403.002
- Stock No: 1SVKEA0012001
- ISBN: 9781451835403
- ISSN: 1934-7685
- Publication date on landing page: August 3, 2001
Slovak Republic: Staff Report for the 2001 Article IV Consultation — August 3, 2001. DOI: https://doi.org/10.5089/9781451835403.002