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Republic of Croatia: First Review Under the Stand-By Arrangement and Requests for Waiver of Nonobservance of Performance Criteria and Rephasing of Purchases
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2005: Issue 349
Language:
English
Publication Date:
26 Sep 2005
DOI:
https://doi.org/10.5089/9781451817416.002
ISBN:
9781451817416
ISSN:
1934-7685
Pages:
73
Keywords:
ISCR; CR; Board discussion; government; privatization; commission; discussion of the Republic of Croatia; privatization plan; oil price spike; accession negotiations; Policy implementation; International reserves; Budget planning and preparation; Global
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The staff report for the First Review Under the Stand-By Arrangement on the Republic of Croatia focuses on fiscal policy and monetary and financial sector policies. Financial soundness indicators show a continuation of the overall strengthening of the banking system, although foreign exchange-related credit risk remains high. Efforts to strengthen financial discipline in the broader public sector remain an important component of the program. Progress is continuing on the agenda of the original program in the areas of fiscal management and privatization.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund