The Bahamas: 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Bahamas

International Monetary Fund

No 2021/024, IMF Staff Country Reports from International Monetary Fund

Abstract: The economic impact of COVID-19 on The Bahamas is unprecedented. The archipelago was just recovering from the devastation of Hurricane Dorian in the fall of 2019, when the pandemic led to a sudden stop in tourism, the main source of income and employment. The authorities mounted a rapid emergency response to support the economy and vulnerable households and put in place strict containment measures. But amid limited testing and health resources, reopening the economy has been challenging.

Keywords: ISCR; CR; central bank of The Bahamas; IMF staff calculation; asset registry; COVAX Facility; loan moratoria (search for similar items in EconPapers)
Pages: 83
Date: 2021-01-28
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