Finland: Staff Report for the 2005 Article IV Consultation
IMF Staff Country Reports, February 3, 2006
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- Finland: Staff Report for the 2005 Article IV Consultation
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Bibliographic details
- Published: February 3, 2006
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451813265.002
Economic performance and outlook
- Finland’s economic performance in recent years continued to be favorable.
- Growth has outpaced that in the euro area and is expected to pick up to more than 3 percent in 2006.
- Employment and labor themes highlighted: Employment, employment growth, employment prospect, Labor force, Labor markets, Public employment.
External accounts and inflation
- The external current account has remained comfortably in surplus.
- Inflation has remained below the euro area average.
Fiscal policy, long-term pressures, and local government reform
- The authorities are taking some steps to address the long-term fiscal pressures.
- Proposals are being debated to reform the financing of local governments and restructure their activities to raise efficiency in the provision of public services.