Republic of Croatia : 2019 Article IV Consultation-Press Release and Staff Report

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

February 19, 2020

Electronic Access:

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

Summary:

The economy continues to expand; fiscal performance has been strong and public debt continues to decline. Ahead of the 2020 elections social demands have precipitated strongly, causing the government to reverse recent pension reforms and promise large public wage increases. Downside risks arise from changes in global conditions, contingent liabilities, further reform standstill, and adverse demographics. The country submitted its ERM II and the Banking Union entry request in July 2019. The authorities currently expect SSM/SRM membership by mid-2020 and see 2023 as the earliest time for euro adoption.

Series:

Country Report No. 20/50

English

Publication Date:

February 19, 2020

ISBN/ISSN:

9781513530604/1934-7685

Stock No:

1HRVEA2020001

Format:

Paper

Pages:

60

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