The Bahamas: Staff Report for the 2013 Article IV Consultation

International Monetary Fund

No 2014/075, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2013 Article IV Consultation highlights economic developments and policies in The Bahamas. The paper focuses on policies to secure fiscal, external, and the financial sector stability, and strengthen medium-term growth. It outlines that the authorities need to implement comprehensive policies to restrict the central government deficit and reduce debt to comfortable levels. It suggests that economic activity in The Bahamas is expected to pick up more strongly from 2014 onward as the U.S. recovery accelerates and The Bahamas starts operations. Also, investment is projected to remain strong in the near future.

Keywords: ISCR; CR; Bahamas; GDP; export-import price indices; real gross domestic product; consumer price index; executive board assessment; tourism services export; U.S. dollar; financial asset; exchange rate; staff appraisal; central government debt; Tourism; Fiscal consolidation; Value-added tax; Public sector; Global; Caribbean (search for similar items in EconPapers)
Pages: 57
Date: 2014-03-07
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