## Sweden: 2003 Article IV Consultation-Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Sweden

_IMF Staff Country Reports, August 5, 2003_

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**Canonical URL:** [Sweden: 2003 Article IV Consultation-Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Sweden](https://www.imf.org/en/publications/cr/issues/2016/12/30/sweden-2003-article-iv-consultation-staff-report-staff-statement-public-information-notice-16768)

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## Bibliographic details
- Published: August 5, 2003
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451835908.002

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### Overview and main findings
- The Swedish economy recovered from the crisis, assisted by a sizable fiscal stimulus.
- Executive Directors commended:
  - the fiscal and monetary frameworks;
  - skillful and proactive management of monetary policy of the Riksbank;
  - the soundness of the financial system.
- Executive Directors stressed the need to accelerate structural reforms.
- They welcomed steps to strengthen the financial system, according to the Financial Sector Assessment Program recommendations.
- They appreciated the authorities for exemplary efforts to promote open trade policies, and for the high level of official development assistance.

### Subjects and keywords
- Subject: Exchange rates, Expenditure, Fiscal policy, Foreign exchange, Inflation, Prices, Public debt
- Keywords: CR, equity price, Exchange rates, Global, Inflation, ISCR, lower-than-expected inflation, narrowing interest rate differential, Riksbank, share index, Stockholm All share index, UNDIX index

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/30/sweden-2003-article-iv-consultation-staff-report-staff-statement-public-information-notice-16768_