||Document, Internet resource
||Internet Resource, Computer File
|All Authors / Contributors:
International Monetary Fund, International Monetary.
||128355982X 9781283559829 9781462342549 146234254X
||1 online resource (73 pages)
In this study, the stability of the economy of the Netherlands is overviewed. Bank profitability has recovered. The housing and mortgage markets are relatively stable, although vulnerabilities to household balance sheets are rising. The results of stress tests in the context of the Financial Stability Assessment Program (FSAP) update are welcomed, which show resilience of bank capital and liquidity buffers under extreme scenarios. Executive Directors agreed that structural reforms continue to be key to lifting the Netherlands's long-term growth prospects. Further reforms of the tax and benefit.