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

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

February 18, 2019

Electronic Access:

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Summary:

This Article IV Consultation highlights a pickup in Nepal’s economic activity following a prolonged period of tepid growth, reflecting cyclical factors and some structural improvements, especially in electricity supply. Discussions focused on policies needed to stem rising balance of payments pressures and safeguard financial stability and on structural reforms to ensure high, sustainable, and inclusive growth. Continued improvements in revenue performance are seen to be important to maintain a strong fiscal position and meet capital spending needs. The IMF staff welcomed the authorities’ efforts to increase domestic revenue mobilization. The authorities broadly agreed with the IMF staff’s assessment and fiscal policy advice. The authorities noted the transition to fiscal federalism and the pickup of reconstruction. There has been progress on implementation of a federal fiscal framework, but more needs to be done to ensure sustainability, make budgets more realistic and spending more efficient, and build implementation capacity.

Series:

Country Report No. 19/58

Subject:

English

Publication Date:

February 18, 2019

ISBN/ISSN:

9781484399514/1934-7685

Stock No:

1SVNEA2019001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

64

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