Cover IMF Staff Country Reports
Slovak Republic: Staff Report for the 2005 Article IV Consultation
Author:
International Monetary Fund
Search for other papers by International Monetary Fund in
Current site
Google Scholar
PubMedClose
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2006: Issue 119
Language:
English
Publication Date:
21 Mar 2006
DOI:
https://doi.org/10.5089/9781451835533.002
ISBN:
9781451835533
ISSN:
1934-7685
Pages:
61
Keywords:
ISCR; CR; short-term debt; price; enterprise; headline consumer price inflation; Maastricht deficit criterion; koruna appreciation; unemployment rate; output gap; labor market; fiscal policy; market share; Inflation; Labor costs; Budget planning and preparation
Download PDF (1.2 MB) Download Epub
The Slovak Republic’s 2005 Article IV Consultation reports that sound macroeconomic management and a wide range of fundamental structural reforms are supporting nominal convergence with European Union norms. Real GDP growth accelerated to 6 percent in 2005, driven by an improvement in the contribution of net foreign demand while domestic demand growth maintained momentum. The external current account deficit doubled to about 7¼ percent of GDP, owing to a deterioration in the terms of trade and higher reinvested earnings on foreign investment.
  • Collapse
  • Expand
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2006: Issue 119