TITLE

Inflation Convergence Risk

PUB. DATE
October 2006
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Oct2006, Vol. 13 Issue 10, p9
SOURCE TYPE
Country Report
DOC. TYPE
Country Report
ABSTRACT
The article offers an economic outlook of Slovakia for 2006 and 2007. An admission was made by the National Bank of Slovakia in its quarterly economic forecasts that it will miss its official end-year inflation targets of 2.5% and 2.6%, both in 2006 and 2007, thus predicting 3.9% and 2.8% instead, respectively. The Slovak government stated that certain budget pledges, such as lowering the value-added tax rate on some goods, can be fulfilled depending on the availability of funds.
ACCESSION #
22428461

 

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