United Kingdom-Anguilla-British Overseas Territory : Staff Report for the 2011 Article IV Consultation.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Series:

IMF Staff Country Reports; Country Report ; No. 2012/008

IMF country report ; no. 12/8

IMF Staff Country Reports

Language:

English

Subjects (All):

Anguilla--Economic conditions.

Anguilla.

Physical Description:

1 online resource (40 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2012.

Language Note:

English

Summary:

The downturn has accentuated strains on the financial system of Anguilla. The 2011 Article IV Consultation highlights that the growth outlook is improving with major tourism projects getting back on course, although a slow recovery is only expected to begin in 2012. Executive Directors have emphasized that a new fiscal framework is needed with an appropriate balance between current and capital expenditure and in line with the resources available. Fiscal policy should be designed to meet the combined objectives of debt sustainability, deficit reduction, and long-term economic growth.

Contents:

""Cover""; ""CONTENTS""; ""RECENT DEVELOPMENTS AND OUTLOOK""; ""POLICY ISSUES""; ""A. Addressing Financial Sector Vulnerabilities""; ""B. Rebalancing Fiscal Policy""; ""C. Enhancing Growth Prospects""; ""STAFF APPRAISAL""; ""BOXES""; ""1. Exchange Rate Assessment""; ""2. The Tax System in Anguilla""; ""TABLES""; ""1. Selected Indicators, 2006�12""; ""2a. Central Government Operations, 2006�13""; ""2b. Central Government Operations, 2006�13""; ""3. Summary Balance of Payments, 2006�16""; ""4. Monetary Survey, 2006�12""; ""5. Vulnerability Indicators, 2005�11""

""6. Medium Term Macro Framework, 2006�16""""FIGURES""; ""1. Key Characteristics""; ""2. Real Sector Developments""; ""3. Fiscal Developments""; ""4. Financial Soundness Indicators""; ""5. External Sector Developments""; ""6. Monetary Developments""; ""Public Information Notice""; ""CONTENTS""; ""ANNEX I: FUND RELATIONS""; ""ANNEX II: ANGUILLA�S RELATIONS WITH THE CARIBBEAN DEVELOPMENT BANK""; ""ANNEX III. STATISTICAL ISSUES""

Notes:

Description based upon print version of record.

Description based on print version record.

ISBN:

9781463935832

1463935838

9781463988968

1463988966