Assessment and Recommendations
I. Macroeconomic Performance
-Forces shaping economic activity
-Following a strong rebound, activity has slowed
-Unemployment has kept falling
-Inflation is picking up
-The external deficit remains large
-Growth should continue at a slower pace
-A medium-term scenario
II. Macroeconomic Policies
-Monetary management
-The fiscal stance
-Assessment and challenges
III. Progress in Structural Reform
-Productivity performance inal
--Labour markets
--Product markets
--Financial sector
--Public sector
-Summary and recommendations for further action
IV. The Tax System: An Appraisal and Options for Change
-Introduction
-The economic context shaping tax policy
-Positive features of the tax system
-Main weaknesses of the tax system
-Further strengthening neutrality and efficiency
Annex I. The Tax System in 2000
Annex II. The Foreign Investor Tax Credit and the Approved Issuer Levy
Annex III. Calendar of Main Economic Events
Statistical Annex and Structural Indicators