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Liechtenstein begins official accession negotiations with IMF
Following numerous preliminary discussions at a technical level, the Government has now officially applied for membership in the IMF, thus starting the formal accession process. The IMF Executive Board will review the application and establish a Membership Committee.
Confirmation of triple A rating with stable outlook for Liechtenstein
The international rating agency S&P Global Ratings has once again awarded Liechtenstein its top rating and confirmed its triple A with stable outlook as part of the semi-annual review of the country rating.
Liechtenstein posts budget surplus
The public sector in Liechtenstein generated a budget surplus of just under 177 million Swiss francs in 2021. Both income and expenditure were down on the prior year. Government spending amounted to 22.6 percent of GDP.
Financial market risks are low for Liechtenstein
The Liechtenstein financial market is developing in positive fashion despite the recent turbulence in the North American and Swiss banking sectors. This is the conclusion reached by the committee responsible for monitoring and strengthening financial market stability in Liechtenstein.
Liechtenstein’s economic output increased almost fivefold since 1972
The “Economic and financial data on Liechtenstein” brochure provides an overview of the country’s economic development. Since 1972, the economic output of the country has increased almost fivefold. Private household income per capita in Liechtenstein is top of all EU/EFTA countries.
Liechtenstein keen to join the IMF
The Liechtenstein government has advocated joining the International Monetary Fund (IMF). Membership of the organization would primarily be intended to provide security in times of crisis. Other benefits include targets for trade growth and exchange rate stability that tie in nicely with Liechtenstein’s economic ambitions.
Liechtenstein’s banking sector remains stable
The rating agency Standard & Poor’s continues to assess Liechtenstein’s banking sector as resistant to crisis. The efficient political system is said to be in a position to rapidly adapt to external political challenges.
Liechtenstein remains on the growth path
Geopolitical developments and inflation are putting the global economy under pressure. Liechtenstein recorded average growth in the first quarter of 2022. The banking sector also remains on course for growth. These are the findings from the latest Economic Monitor report on the economy in Liechtenstein.
Positive assessment for Liechtenstein in the fight against money laundering
The Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (Moneyval) at the Council of Europe has positively appraised the performance of Liechtenstein as part of its fifth report. Both the authorities and the financial sector in Liechtenstein have demonstrated competence in responding to the risks of money laundering.
Liechtenstein retains top rating
The rating agency Standard & Poor’s has again confirmed its top rating of AAA with a stable outlook for the Principality of Liechtenstein. In the evaluation, the rating agency highlighted in particular the strong economy and solid financial position with regard to public budgets.
Liechtenstein financial sector becoming more transparent
Liechtenstein has made up ground in the Financial Secrecy Index. The Principality’s financial sector ranks in 54th place, well behind those countries that the UK-based Tax Justice Network classifies as the world’s worst tax havens. The USA and Switzerland lead the way in the index. Luxembourg is ranked in 5th place.
Trust sector generates third-highest level of value added
The Liechtenstein trust sector generated gross value added of just under 1 billion Swiss francs in 2018. Its direct share of gross value added of slightly over 11 percent was the third-highest by sector. This is a finding from a study published on behalf of the Liechtenstein Institute of Professional Trustees and Fiduciaries.
Events
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Uni Liechtenstein: Webinar ESG Kompakt – Investing for Impact
Die Plattform «ESG Kompakt» beleuchtet in diesem Webinar das Thema «Investing for Impact».
Uni Liechtenstein: KI Bootcamp
In diesen Workshops erhalten Sie einen umfassenden Einblick in die Grundlagen, Anwendungen und ethischen Aspekte der KI-Technologie.
Uni Liechtenstein: Intensivkurs Strafrecht und Digitalisierung
Dieser Intensivkurs will die Teilnehmenden mit strafrechtlichen Aspekten des digitalen Zeitalters vertraut machen und ein Grundverständnis für IT-Sachverhalte vermitteln.
