Description |
1 online resource (48 pages) |
Series |
IMF Staff Country Reports |
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IMF Staff Country Reports; Country Report ; no. 18/101
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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 |
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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.
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Financial Sector.
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Fiscal Policy.
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Fiscal Reforms.
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San Marino.
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Form |
Electronic book
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ISBN |
9781484350867 |
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1484350863 |
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1484350766 |
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9781484350768 |
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