Luxembourg : 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Luxembourg

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

April 3, 2018

Electronic Access:

Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Luxembourg’s growth outlook remains favorable, as the ongoing global recovery boosts near-term activity. Economic, fiscal and financial sector policies are generally sound and unemployment is on a declining path. Risks arise from the possible impact on the economy and tax revenue of changing international tax rules; financial volatility, possibly triggered by increased risk perceptions and higher global interest rates; and Brexit. Closer to home, continuously rising real estate prices pose affordability problems and could lead to excessive indebtedness of some households, while the long-term sustainability of the pension system is not assured.

Series:

Country Report No. 18/96

Subject:

English

Publication Date:

April 3, 2018

ISBN/ISSN:

9781484349960/1934-7685

Stock No:

1LUXEA2018001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

61

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