Spain: 2007 Article IV Consultation-Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion

May 18, 2007

Preview Citation

Format: Chicago

Spain: 2007 Article IV Consultation-Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion, (USA: International Monetary Fund, 2007) accessed November 21, 2024

Summary

Spain’s 2007 Article IV Consultation underlies that immediate growth prospects are bright and the central scenario is for a smooth landing but with appreciable downside risks. The Spanish economy enjoyed another year of remarkable growth in 2006, further extending its prolonged expansion. Output growth gathered pace in the course of 2006 to reach 3.9 percent for the year, and brisk job creation absorbed further increases in female participation and immigration, and inflation moderated appreciably.

Subject: Banking, Credit, Economic sectors, Expenditure, Financial sector, Fiscal policy, Fiscal stance, International trade, Money, Trade balance

Keywords: Caribbean, Correction construction sector, CR, Credit, Financial sector, Fiscal stance, Global, Indebtedness, ISCR, Revenue collection, Revenue outturn, Stock market turbulence, Surplus, Surplus target, Trade balance

Publication Details

Pages:

32
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2007/175
Stock No:

1ESPEA2007002
ISBN:

9781451812275
ISSN:

1934-7685

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