Republic of Croatia: Staff Report for the 2002 Article IV Consultation

August 12, 2002

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Republic of Croatia: Staff Report for the 2002 Article IV Consultation, (USA: International Monetary Fund, 2002) accessed November 21, 2024

Summary

This 2002 Article IV Consultation highlights that Croatia experienced solid growth in the last two years, with growth rates of about 4 percent exceeding those of the euro area and of many other transition countries. The recovery, initially propelled by private consumption and exports, has more recently extended to investment, encouraged by easy access to credit and public infrastructure spending. After decelerating at the end of 2001 in the wake of the slowdown in Europe, growth resumed strongly in the first quarter of 2002 supported by domestic demand. The outlook for 2002 is moderately positive.

Subject: Bank deposits, Banking, Currencies, Exchange rates, External debt, Foreign exchange, Money, Public debt

Keywords: Authority, Caretaker minister of economy, Core rate of inflation, CR, Currencies, Eastern Europe, Europe, Exchange rates, Global, ISCR, Loss balance, Rate, Rate of retail price inflation, Twelve-month rate, Year-on-year rate

Publication Details

Pages:

63
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2002/178
Stock No:

1HRVEA0022002
ISBN:

9781451817324
ISSN:

1934-7685

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