Slovak Republic: 2007 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion
IMF Staff Country Reports, July 3, 2007
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- Slovak Republic: 2007 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion
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Bibliographic details
- Published: July 3, 2007
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451835557.002
Macroeconomic outlook and policy framework
- The staff report highlights the Slovak Republic’s macroeconomic outlook and policy discussions.
- The National Bank of Slovakia (NBS) has been following a hybrid monetary framework focused on restraining inflation and on maintaining the exchange rate within the Exchange Rate Mechanism 2 (ERM2) requirements.
- Executive Directors encouraged the NBS to conduct its policy, and its communications with market participants.
Labor market and structural concerns
- Executive Directors stressed the importance of ensuring that the labor code amendments under consideration would not raise labor costs and reduce labor market flexibility.
Subject areas and keywords (as provided)
- Subject: Budget planning and preparation, Expenditure, External debt, Labor, Public debt, Public financial management (PFM), Wages
- Keywords: appendix I. Slovak Republic, Baltics, Budget planning and preparation, CR, currency appreciation, current account, GDP, ISCR, Maastricht inflation criterion, NBS official, NBS policy rate, Slovakia, unit value trade price price index, Wages