Cover IMF Staff Country Reports
Republic of Croatia: Staff Report for the 2002 Article IV Consultation
Author: International Monetary Fund
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2002: Issue 178
Language:
English
Publication Date:
12 Aug 2002
DOI:
https://doi.org/10.5089/9781451817324.002
ISBN:
9781451817324
ISSN:
1934-7685
Pages:
63
Keywords:
ISCR; CR; twelve-month rate; core rate of inflation; rate; authority; year-on-year rate; loss balance; rate of retail price inflation; caretaker minister of economy; Exchange rates; Currencies; Europe; Global; Eastern Europe
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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.
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund