Economy

IMF Upbeat About Economy

The International Monetary Fund (IMF) presented an upbeat analysis of the Swedish economy on Monday, as part of an annual evaluation of the country’s economic and financial policies.

“Output has begun to recover and you can see exports recovering too - we’re particularly encouraged that both temporary and permanent employment has begun to edge up,” Peter Doyle, head of the IMF delegation told Radio Sweden.

“Sweden is headed in the right direction but there’s still some way to go.”

In particular, the IMF commended the country’s aggressive financial stabilisation policies and the budget surplus which successive government have run, both of which helped to shield Sweden from the worst of the recent global financial crisis.

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