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Book Cover
E-book
Author Monetary, International

Title Republic of San Marino
Published Washington, D.C. : International Monetary Fund, 2018

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Description 1 online resource (48 pages)
Series IMF Staff Country Reports
IMF Staff Country Reports; Country Report ; no. 18/101
Contents Cover; CONTENTS; CONTEXT: PRESSING NEED FOR LASTING SOLUTIONS; OUTLOOK AND RISKS: FLYING LOW AGAINST HEADWINDS; POLICY DISCUSSIONS: TIME FOR ACTION; A. Financial Sector Policy; B. Fiscal Policy; C. Structural Reforms; STAFF APPRAISAL; BOXES; 1. The Sammarinese Economy; 2. External Sector and Competitiveness; 3. Public Debt Dynamics; FIGURES; 1. Macroeconomic Developments; 2. High Frequency Indicators; 3. Financial Sector Indicators; TABLES; 1. Selected Economic and Social Indicators, 2014-20; 2. Selected Economic and Social Indicators for the Medium Term
3. Financial Soundness Indicators, 2009-174. Statement of Operations for Budgetary Central Government, 2012-20; ANNEXES; I. Risk Assessment Matrix; II. Debt Sustainability Analysis; III. Reserve Adequacy Assessment; IV. Authorities' Response to Past IMF Recommendations; CONTENTS; FUND RELATIONS; STATISTICAL ISSUES
Summary The economy rebounded in 2016, but there were some signs of slowing momentum amid deepened financial sector uncertainties triggered by a sizable loss at the largest bank and a closure of a small bank in 2017. There is high uncertainty about the budget and the level of public debt as the final cost of banking sector repair will depend on results from the recently initiated update of the Asset Quality Review (AQR). Banking sector legacy issues continue to pose considerable challenges
Notes Print version record
Subject Article IV Consultation Reports.
Financial Sector.
Fiscal Policy.
Fiscal Reforms.
San Marino.
Form Electronic book
ISBN 9781484350867
1484350863
1484350766
9781484350768