## Slovak Republic: 2021 Article IV Consultation-Press Release; Staff Report

_IMF Staff Country Reports, June 21, 2021_

## Source details

**Canonical URL:** [Slovak Republic: 2021 Article IV Consultation-Press Release; Staff Report](https://www.imf.org/en/publications/cr/issues/2021/06/21/slovak-republic-2021-article-iv-consultation-press-release-staff-report-461087)

## Other formats

- [Markdown version](/en/publications/cr/issues/2021/06/21/slovak-republic-2021-article-iv-consultation-press-release-staff-report-461087/index.md)
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## Bibliographic details
- Published: June 21, 2021
- Series: IMF Staff Country Reports
- Volume: 2021
- Pages: 71
- DOI: https://doi.org/10.5089/9781513587295.002

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### Overview
- The Slovak Republic entered the COVID-19 pandemic "from a position of strength with fiscal space and comfortable banking sector buffers."
- Effective policy support focused on preserving jobs, providing liquidity support, and ensuring credit supply, which "have limited the economic fallout."
- Output is expected to reach pre-crisis level before the end of 2021, but uncertainty is high.

### Key findings
- Policy support measures helped limit economic fallout by preserving employment and maintaining credit flows.
- Banking sector buffers were described as comfortable at the onset of the pandemic.
- Fiscal space existed to support the economy during the crisis.

### Economic outlook
- Output is expected to reach pre-crisis level before the end of 2021.
- Uncertainty surrounding the outlook is characterized as high.

### Policy response and focus areas
- Policies implemented aimed at:
  - Preserving jobs.
  - Providing liquidity support.
  - Ensuring credit supply.

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## Content in this bundle

- **1svkea2021001**
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_Source: https://www.imf.org/en/publications/cr/issues/2021/06/21/slovak-republic-2021-article-iv-consultation-press-release-staff-report-461087_