Sweden: 2003 Article IV Consultation-Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Sweden
IMF Staff Country Reports, August 5, 2003
Source details
- Canonical URL
- Sweden: 2003 Article IV Consultation-Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Sweden
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Bibliographic details
- Published: August 5, 2003
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451835908.002
Overview and main findings
- The Swedish economy recovered from the crisis, assisted by a sizable fiscal stimulus.
- Executive Directors commended:
- the fiscal and monetary frameworks;
- skillful and proactive management of monetary policy of the Riksbank;
- the soundness of the financial system.
- Executive Directors stressed the need to accelerate structural reforms.
- They welcomed steps to strengthen the financial system, according to the Financial Sector Assessment Program recommendations.
- They appreciated the authorities for exemplary efforts to promote open trade policies, and for the high level of official development assistance.
Subjects and keywords
- Subject: Exchange rates, Expenditure, Fiscal policy, Foreign exchange, Inflation, Prices, Public debt
- Keywords: CR, equity price, Exchange rates, Global, Inflation, ISCR, lower-than-expected inflation, narrowing interest rate differential, Riksbank, share index, Stockholm All share index, UNDIX index