The Bahamas: Staff Report for the 1999 Article IV Consultation

International Monetary Fund

No 1999/089, IMF Staff Country Reports from International Monetary Fund

Abstract: This 1999 Article IV Consultation highlights that real GDP growth for The Bahamas accelerated from less than 1 percent a year in 1994–95 to 4 percent in 1996, but slowed somewhat in 1997–98 as construction work on a second phase of tourism projects led to a decline in the number of available hotel rooms and in tourist arrivals. Following the completion of the expansion projects in November–December 1998, tourist arrivals rose sharply in the first quarter of 1999.

Keywords: ISCR; CR; government; Bahamian authorities; government limit transfer; transfers to non-profit; government ownership; government's willingness; Public sector; Tourism; Imports; Caribbean; Western Hemisphere (search for similar items in EconPapers)
Pages: 40
Date: 1999-08-30
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