Cover IMF Staff Country Reports
Finland: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Finland
Author: International Monetary Fund. European Dept.
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2022: Issue 025
Language:
English
Publication Date:
31 Jan 2022
DOI:
https://0-doi-org.library.svsu.edu/10.5089/9798400201011.002
ISBN:
9798400201011
ISSN:
1934-7685
Pages:
75
Keywords:
liability positions vis-à-vis nonresident; money market rate; potential GDP; exchange arrangement; transparency policy; currency of Finland; Employment; COVID-19; Labor markets; Loans; Global
Download PDF (2.5 MB) Download Epub
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.
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund