国际货币基金组织：2024卢森堡精选问题报告（英文版）

Luxembourg has a track record of prudent fiscal policy that has helped it maintain public debt and financing costs at comfortable levels. Fiscal performance has, however, become less vigorous in recent years. Over the past couple of decades, revenues stayed broadly flat as a share of GDP, as the decline in income taxes paid by corporations as a share of GDP was offset by the increase in taxes paid by individuals. This has been partly due to favorable employment growth, but also due to infreq