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OECD satisfied with Slovakia's economic performance

THE ORGANISATION for Economic Cooperation and Development (OECD) is positive about Slovakia's economic development, said OECD's Country Study Branch Director Val Koromzay at an international conference on economic reforms in transitional economies and the EU, the news wire SITA wrote.

Koromzay said that Slovakia has made progress in both its fiscal and monetary policies. However, compared with other OECD countries Slovakia lags behind in public administration reform and is still coping with the problem of having a low employment rate, he added.

Representatives of the European Commission, World Bank, and private sector; the former EC President Jacques Santer; and Hungarian economic expert and onetime finance minister Lajos Bokros also were present.

Compiled by Beata Balogová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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