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Title Republic of San Marino : 2013 Article IV consultation
Published Washington, D.C. : International Monetary Fund, ©2013


Description 1 online resource (42 pages) : color illustrations
Series IMF country report ; no. 13/122
IMF country report ; no. 13/122.
Contents Cover; CONTENTS; GENERAL CONTEXT; POLICY DISCUSSIONS; A. Financial Sector; B. Public Finances; BOXES; 1. The Planned Tax Reform; C. Structural Issues; 2. International Cooperation Agreements; D. Data Issues; E. Staff Appraisal; TABLES; 1. San Marino: Selected Economic and Social Indicators, 2007-14; 2. San Marino: Financial Soundness Indicators, 2007-12; 3. San Marino: Government Operations, 2008-18; FIGURES; 1. San Marino: Recent Economic Developments, 2002-12; 2. San Marino: Financial Sector Indicators, 2008-12; 3. San Marino: Banking System Financial Soundness Indicators, 2007-12
4. San Marino: Fiscal Indicators for Central Government, 2004-12APPENDICES; I. Risk Assessment Matrix; II. Public Debt Sustainability Analysis; CONTENTS; FUND RELATIONS; STATISTICAL ISSUES
Summary This Article IV Consultation focuses on San Marino’s prolonged recession. The global crisis has led to a significant decline in budget revenues. However, San Marino’s sizable pre-2008 budget surplus, combined with recent tax measures and efforts to restrain expenditures, have helped contain the deficit at about 3 percent of GDP. Executive Directors noted that San Marino’s economy will face financial and fiscal challenges in the near term, as well as uncertain medium-term prospects. Directors considered that, notwithstanding the recent recapitalization, the largest bank will need more capital to meet prudential requirements
Notes Title from PDF title page (IMF Web site, viewed May 20, 2013)
"May 2013."
"April 18, 2013"--Page 2 of pdf
Subject International Monetary Fund -- San Marino
International Monetary Fund
Financial crises -- San Marino
Economic indicators -- San Marino
Economic history
Economic indicators
Financial crises
San Marino -- Economic conditions
San Marino
Form Electronic book
Author International Monetary Fund.
ISBN 1484346920
ISSN 1934-7685