Luxembourg : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Luxembourg
Electronic Access:
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Summary:
The growth outlook remains favorable, but risks are tilted to the downside. Sound economic and fiscal policies together with favorable global conditions in recent years translated into solid growth and a decline in unemployment to record post-crisis lows. Growth prospects remain favorable, but risks are to the downside and include a weaker-than-expected global growth, a disorderly Brexit, changes in international tax rules, and a sharp tightening of global financial conditions. Domestically, rising housing prices pose affordability challenges and could exacerbate the already high household indebtedness.
Series:
Country Report No. 19/130
Subject:
Development External sector Fiscal policy Public investments Unemployment
English
Publication Date:
May 10, 2019
ISBN/ISSN:
9781498314510/1934-7685
Stock No:
1LUXEA2019001
Format:
Paper
Pages:
67
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