Austria 2021 Article Iv Consultation Press Release Staff Report Staff Supplementary Information And Statement By The Executive Director For Austria

Author : International Monetary
Publisher : International Monetary Fund
ISBN 13 : 1513596608
Total Pages : 71 pages
Book Rating : 4.00/5 ( download)

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Download or read book Austria: 2021 Article IV Consultation-Press Release; Staff Report; Staff Supplementary Information; and Statement by the Executive Director for Austria written by International Monetary and published by International Monetary Fund. This book was released on 2021-09-09 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: Austria entered the crisis from a strong position. Prudent policies prior to the pandemic provided significant policy space. Several lockdowns helped contain the virus but significantly impaired the economy. Real GDP contracted by 6.3 percent in 2020 and declined further in early 2021. The 2021 recovery is expected to be modest; the tourism and hospitality sectors will continue to be affected. Over the medium term, growth will accelerate in 2022 and then stabilize at potential, but the output level will remain somewhat below the pre-COVID trend. Uncertainty remains high.

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ISBN 13 :
Total Pages : pages
Book Rating : 4.13/5 ( download)

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Download or read book Austria written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

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ISBN 13 :
Total Pages : pages
Book Rating : 4.82/5 ( download)

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Download or read book Austria: 2003 Article IV Consultation written by and published by . This book was released on 2003 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

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ISBN 13 :
Total Pages : 33 pages
Book Rating : 4.93/5 ( download)

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Download or read book Austria written by and published by . This book was released on 2002 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : International Monetary
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 87 pages
Book Rating : 4.82/5 ( download)

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Download or read book Czech Republic: 2021 Article IV Consultation-Press Release; Staff Report; Supplementary Information; and Statement by the Executive Director for the Czech Republic written by International Monetary and published by International Monetary Fund. This book was released on 2022-01-27 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt: 2021 Article IV Consultation-Press Release; Staff Report; Supplementary Information; and Statement by the Executive Director for the Czech Republic

Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 63 pages
Book Rating : 4.33/5 ( download)

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Download or read book Austria written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2024-05-13 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: Strong policy responses have helped to mitigate the impact of the recent shocks. Output recovered rapidly from the pandemic and, in response to the energy price shock, the authorities made use of available fiscal room to mitigate its impact while preserving price signals to encourage lower gas consumption and taking steps to secure access to additional gas supplies. Despite these efforts, the economy slipped into recession over the last few quarters, with high energy prices, elevated inflation, and higher interest rates weighing on output and demand. Inflation still persists above the euro-area average even as it has steadily declined since January 2023, in particular as services inflation has proved to be sticky amid high wage growth. Over the medium term, demographic headwinds pose significant fiscal and growth challenges.

Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
ISBN 13 : 147559335X
Total Pages : 58 pages
Book Rating : 4.58/5 ( download)

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Download or read book Austria written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2016-02-12 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2015 Article IV Consultation discusses the key issues related to the economy of Austria. Austria has recovered from the global financial crisis, but the crisis still remains in bank and public sector balance sheets. Major banks have been striving to strengthen their capital and profitability positions amid regulatory and supervisory reforms. Despite lackluster growth, economic slack is limited as potential growth has fallen as well. The governing coalition of Social Democrats and the right-of-center People's Party holds a constructive dialogue on economic policy issues. Growth is estimated at 0.7 percent in 2015, a slight improvement over the 1⁄2 percent average in 2012–14, on the back of strengthening external and domestic demand.

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ISBN 13 :
Total Pages : 35 pages
Book Rating : 4.09/5 ( download)

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Download or read book Austria written by and published by . This book was released on 2001 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : International Monetary Fund. African Dept.
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 100 pages
Book Rating : 4.85/5 ( download)

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Download or read book Mali written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2023-06-14 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mali has been hit by several large shocks in the past three years, including two coups d’état, the COVID-19 pandemic, acute security challenges and a cost-of-living crisis triggered by Russia’s invasion of Ukraine. A strict embargo in the first half of 2022 by regional partners restricted the government and private sector’s international economic transactions. Despite that embargo, GDP growth was estimated to be 3.7 percent in 2022. Inflation peaked at almost 15 percent in mid-2022—resulting in an increase in extreme poverty and heightened food insecurity—but has since decelerated, with inflation in March 2023 at 7.5 percent. The BCEAO regional central bank raised its policy rate to 3 percent in February 2023, a 100-basis point cumulative increase since June 2022.

Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 99 pages
Book Rating : 4.98/5 ( download)

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Download or read book Italy written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2023-07-26 with total page 99 pages. Available in PDF, EPUB and Kindle. Book excerpt: Output grew robustly in 2022 despite surging energy prices on the post-pandemic recovery and fiscal stimulus. Inflation jumped and the current account fell into deficit. Employment reached new highs. Fiscal support and higher borrowing costs kept deficits large and public debt very high. Bank credit has begun to decline although loan quality continues to hold up. Italy’s National Recovery and Resilience Plan (NRRP), supported by EU financial resources, aims to boost productivity and labor force participation, which would help offset the drag on growth from the declining working age population.