Sweden

International Monetary Fund

doi:10.5089/9781451836035.002.A001

Sweden : 2009 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Sweden

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Volume/Issue:: 2009/247
Series:: IMF Staff Country Reports
Author(s):: International Monetary Fund
Publisher:: INTERNATIONAL MONETARY FUND
Published Date:: August 2009
DOI:: http://dx.doi.org/10.5089/9781451836035.002
ISBN:: 9781451836035
ISSN:: 1934-7685
Page:: 89

This 2009 Article IV Consultation highlights that Sweden has been hit hard by the global financial crisis. Two of its banks built up large exposures in the Baltics that significantly increased loan losses beyond normal recessionary levels. In response to the crisis, the authorities have taken wide-ranging measures to stabilize the financial system and support demand. Executive Directors have welcomed the authorities' prompt and appropriate policy responses, which have allayed immediate concerns with financial sector stability, and have helped cushion domestic demand.

Sweden: 2009 Article IV Consultation - Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the ExecutiveDirector for Sweden

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Sweden

Author(s):: International Monetary Fund
Published Date:: August 2009

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Sweden : 2009 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Sweden

Sweden

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