Kingdom of the Netherlands—Netherlands: 2006 Article IV Consultation—Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion
July 31, 2006
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The Netherlands showed economic recovery, supported by strong polices, public finances, and structural reforms. Executive Directors commended the strong fiscal framework and agreed that it meets the good practice standards according to the reports on the observance of standards and codes. They commended the sound financial system and welcomed the new Financial Supervision Act. They emphasized the need for fiscal consolidation for securing fiscal sustainability. Directors appreciated the authorities’ responsiveness to the recommendations of the Financial System Stability Assessment.
Subject: Expenditure, Financial institutions, Fiscal governance, Fiscal policy, Labor, Mortgages, Pension spending
Keywords: Asia and Pacific, Central and Eastern Europe, coalition government, consumer spending, CR, data show, economic development, Europe, first quarter development, Fiscal governance, Global, government consumption growth, ISCR, Middle East, minority coalition government, Mortgages, Pension spending, staff appraisal, staff statement
Pages:
54
Volume:
2006
DOI:
Issue:
283
Series:
Country Report No. 2006/283
Stock No:
1NLDEA2006002
ISBN:
9781451829549
ISSN:
1934-7685
