The Bahamas: 2001 Article IV Consultation-Staff Report and Public Information Notice

International Monetary Fund

No 2001/154, IMF Staff Country Reports from International Monetary Fund

Abstract: The Bahamian economy has experienced a sustained growth led by substantial inflows of foreign investment in tourism, shipping, and construction, and a steady expansion of financial services. Executive Directors commended the sound macroeconomic policies and the decline in unemployment, and emphasized the need for maintaining a prudent fiscal stance, enhancing competitiveness, and accelerating structural reforms. They commended the progress in eliminating the central government deficit and money laundering, and stressed the need to strengthen the country's statistical base.

Keywords: ISCR; CR; Fund staff estimate; deficit; IMF staff estimate; current account; credit development; credit growth; import tariff system; Credit; Current account balance; International reserves; Public sector; Caribbean (search for similar items in EconPapers)
Pages: 50
Date: 2001-08-27
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