IMF - Concluding Statement of the Mission

Last update: 21.09.2010 06:00

Slovakia is quickly rebounding from a deep recession, but faces difficult fiscal and labor market challenges in the wake of the crisis. The underlying fiscal position has weakened considerably, and a large fiscal consolidation is essential to reduce the deficit to below 3 percent of GDP by 2013. A fiscal adjustment package of around 2,5 percent of GDP for 2011, combined with an expenditure growth norm for subsequent years could anchor the fiscal consolidation strategy.

• MMF_misia(sprava_jul_2010).pdf [pdf, 97 kB]