{
  "title": "Sweden: Staff Report for the 2000 Article IV Consultation",
  "publication": "IMF Staff Country Reports, September 7, 2000",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/30/sweden-staff-report-for-the-2000-article-iv-consultation-3674",
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  "summary": "In Sweden, the authorities have indicated that their medium-term fiscal strategy is based on restraining expenditures through nominal ceilings and maintaining a fiscal surplus target of 2 percent of gross domestic product (GDP), measured as an average over the cycle.",
  "sections": [
    {
      "heading": "Overview",
      "content": "- The authorities' medium-term fiscal strategy is based on restraining expenditures through nominal ceilings and maintaining a fiscal surplus target of 2 percent of gross domestic product (GDP), measured as an average over the cycle.\n- The mission praised the authorities’ medium-term fiscal strategy."
    },
    {
      "heading": "IMF staff assessment and quantitative finding",
      "content": "- Assuming that a structural surplus of 2 percent is maintained and that policy slippages on expenditures are avoided, the room for tax cuts is about 4 percent of GDP over the 2001–03 period, considerably more than envisaged by the authorities."
    },
    {
      "heading": "Policy implications and recommendations",
      "content": "- Maintain nominal expenditure ceilings to sustain the medium-term fiscal strategy.\n- Preserve a structural surplus of 2 percent of GDP, measured as an average over the cycle, to create fiscal space.\n- Avoid policy slippages on expenditures to realize the potential fiscal room for tax reductions.\n- Consider using the estimated fiscal room of about 4 percent of GDP over 2001–03 for tax policy adjustments, contingent on adherence to the surplus target and expenditure discipline."
    },
    {
      "heading": "Notes",
      "content": "- Included with the Staff Report is the text of Public Information Notice No. 00/74 IMF Concludes Article IV Consultation with Sweden.\n\nSource: Sweden: Staff Report for the 2000 Article IV Consultation (IMF Staff Country Reports).\n\n---\n\n Content in this bundle\n\n- Sweden: Staff Report for the 2000 Article IV Consultation - ISCR/00/118\n  - Sweden: Staff Report for the 2000 Article IV Consultation - ISCR/00/118 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Sweden: Staff Report for the 2000 Article IV Consultation - ISCR/00/118 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: September 7, 2000",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451835878.002",
    "The authorities' medium-term fiscal strategy is based on restraining expenditures through nominal ceilings and maintaining a fiscal surplus target of 2 percent of gross domestic product (GDP), measured as an average over the cycle.",
    "The mission praised the authorities’ medium-term fiscal strategy.",
    "Assuming that a structural surplus of 2 percent is maintained and that policy slippages on expenditures are avoided, the room for tax cuts is about 4 percent of GDP over the 2001–03 period, considerably more than envisaged by the authorities.",
    "Maintain nominal expenditure ceilings to sustain the medium-term fiscal strategy.",
    "Preserve a structural surplus of 2 percent of GDP, measured as an average over the cycle, to create fiscal space.",
    "Avoid policy slippages on expenditures to realize the potential fiscal room for tax reductions.",
    "Consider using the estimated fiscal room of about 4 percent of GDP over 2001–03 for tax policy adjustments, contingent on adherence to the surplus target and expenditure discipline.",
    "Included with the Staff Report is the text of Public Information Notice No. 00/74 IMF Concludes Article IV Consultation with Sweden.",
    "**Sweden: Staff Report for the 2000 Article IV Consultation - ISCR/00/118**"
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