Finland: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Finland
Download or Read eBook Finland: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Finland PDF written by International Monetary and published by International Monetary Fund. This book was released on 2022-01-31 with total page 74 pages. Available in PDF, EPUB and Kindle.
Author | : International Monetary |
Publisher | : International Monetary Fund |
Total Pages | : 74 |
Release | : 2022-01-31 |
ISBN-10 | : 9798400201011 |
ISBN-13 | : |
Rating | : 4/5 (11 Downloads) |
Book Synopsis Finland: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Finland by : International Monetary
Book excerpt: With strong policy support, Finland suffered a relatively mild economic contraction in 2020 followed by a swift recovery in 2021. Medium-term growth prospects are less strong, due to adverse demographics and low productivity growth—trends that precede the pandemic. Public debt has increased due to pandemic-related support and will remain on a rising trajectory in the medium term, largely reflecting permanent spending increases.