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IMF Dissatisfied with Croatia´s Economic Progress

Published: February 28, 2013; 14:04 · (Vindobona)

Economic conditions have deteriorated lately, reflecting weak external demand, private sector debt reduction, and lack of business and consumer confidence, the IMF delegation said.

IMF Dissatisfied with Croatia´s Economic Progress / Picture: © Flickr

The implementation of the structural reform program––critical to restart growth, fully benefit from EU accession, and improve medium-term prospects––must accelerate. Reforms aimed at increasing labor force participation, enhancing the functioning of the labor market, and reducing barriers to investment should top the agenda. As difficult as it is, gradual fiscal consolidation…

This article includes a total of 1242 words.

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