St. Vincent and the Grenadines: Staff Report for the 1999 Article IV Consultation

International Monetary Fund

No 1999/141, IMF Staff Country Reports from International Monetary Fund

Abstract: This 1999 Article IV Consultation highlights that during 1990–98, St. Vincent and the Grenadines’ real annual GDP growth and inflation averaged 4 percent and 3 percent, respectively. Tourism’s importance to the economy grew, and agriculture’s fell, with other sectors’ contributions remaining relatively stable. In 1999, real GDP growth and inflation are expected to slow to about 4 percent and 2 percent, respectively. The overall public sector surplus is expected to increase slightly about 1 percent of GDP.

Keywords: ISCR; CR; government; authorities plan; ability to pay.; economy; ability to pay; Vincentian authority; globalized economy; production pattern; island economy; ECCB supervise; Public sector; Agricultural commodities; Exports; Caribbean; Global (search for similar items in EconPapers)
Pages: 38
Date: 1999-12-20
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