| Description |
1 online resource (42 pages) : color illustrations |
| Series |
IMF country report ; no. 13/122 |
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IMF country report ; no. 13/122.
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| 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 |
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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." |
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"April 18, 2013"--Page 2 of pdf |
| Subject |
International Monetary Fund -- San Marino
|
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International Monetary Fund |
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Financial crises -- San Marino
|
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Economic indicators -- San Marino
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Economic history
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Economic indicators
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Financial crises
|
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San Marino -- Economic conditions
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San Marino
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| Form |
Electronic book
|
| Author |
International Monetary Fund.
|
| ISBN |
1484346920 |
|
9781484346921 |
|
148439092X |
|
9781484390924 |
| ISSN |
1934-7685 |
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