The Bank of Finland released the International Monetary Fund’s concluding statement on Finland from its Article IV consultation, which expects the economic recovery to remain slow but to accelerate next year and sees inflation holding at 2% over the medium term. The IMF recommends that policy actions focus on consolidating public finances, increasing labour supply and boosting productivity. It assesses the banking sector as resilient, while highlighting vulnerabilities including a weak housing market and elevated household debt; the statement also discusses the economic outlook and risks, government finances, productivity growth and financial markets. The concluding statement sets out preliminary IMF staff findings based on discussions with Finnish authorities and other stakeholders, with a final country report to be published later. The Bank of Finland will publish unofficial Finnish and Swedish translations of an IMF-prepared summary.
Bank of Finland 2025-11-10
Bank of Finland publishes IMF Article IV concluding statement urging fiscal consolidation and flagging housing market and household debt risks
The Bank of Finland released the IMF's concluding statement from its Article IV consultation, projecting slow economic recovery with acceleration next year and stable inflation at 2% over the medium term. The IMF advises focusing on public finance consolidation, labor supply increase, and productivity enhancement, noting banking sector resilience amid housing market and household debt vulnerabilities. Preliminary findings are based on discussions with Finnish authorities, with a final report forthcoming.