Slovak Republic: 2023 Article IV Consultation-Press Release and Staff Report

Slovak Republic: 2023 Article IV Consultation-Press Release and Staff Report
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Volume/Issue: Volume 2024 Issue 075
Publication date: March 2024
ISBN: 9798400270963
$20.00
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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Inflation , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , International - Economics , money market rate , Policy recommendation , transparency policy , core inflation , currency of the Slovak Republic , investment authority , liability positions vis-a-vis nonresident , Inflation , Fiscal consolidation , Fiscal stance , Global , Europe

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Summary

The Slovak economy continued to grow in 2023, with a large fiscal expansion and the easing of pandemic-era supply chain disruptions offsetting headwinds from soaring food and energy prices. Inflation has declined from comparatively elevated levels in 2022 and early 2023 but remains among the highest in the euro area. Adverse demographic trends pose medium-term challenges for growth and fiscal sustainability.