Slovak Republic: Staff Report for the 2004 Article IV Consultation

March 2, 2005

Preview Citation

Format: Chicago

Slovak Republic: Staff Report for the 2004 Article IV Consultation, (USA: International Monetary Fund, 2005) accessed November 27, 2024

Summary

This 2004 Article IV Consultation highlights that Slovakia’s economic performance has improved since the 2003 Article IV Consultation. Output has expanded strongly, and fiscal and external balances have narrowed substantially in recent years. These developments were assisted by large foreign direct investments and an improved business climate following important reforms—including to taxation, welfare, pensions, healthcare, and the labor market—that are supporting convergence to western European income levels. Economic activity was entirely export driven in 2003; real GDP increased by 4.5 percent despite a contraction in domestic demand.

Subject: Expenditure, External debt, Fiscal policy, Inflation, Prices, Public debt

Keywords: Authorities' strategy, Authority, Central and Eastern Europe, Core inflation, CR, Current account, Deficit, Government's term, Inflation, ISCR, Medium-term projection, NBS policy rate, State treasury system, Western Europe

Publication Details

Pages:

57
Volume:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2005/071
Stock No:

1SVKEA2005001
ISBN:

9781451835496
ISSN:

1934-7685

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports