The Bahamas : Staff Report for the 2013 Article IV Consultation.

Format:

Book

Government document

Author/Creator:

International Monetary Fund. Western Hemisphere Department.

Contributor:

International Monetary Fund, issuing body.

Series:

IMF Staff Country Reports; Country Report ; No. 2014/075

IMF Staff Country Reports

Language:

English

Subjects (All):

International Monetary Fund--Bahamas.

International Monetary Fund.

Economic indicators--Bahamas.

Economic indicators.

Fiscal policy--Bahamas.

Fiscal policy.

Monetary policy--Bahamas.

Monetary policy.

Physical Description:

1 online resource (61 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2014.

Language Note:

English

Summary:

This 2013 Article IV Consultation highlights economic developments and policies in The Bahamas. The paper focuses on policies to secure fiscal, external, and the financial sector stability, and strengthen medium-term growth. It outlines that the authorities need to implement comprehensive policies to restrict the central government deficit and reduce debt to comfortable levels. It suggests that economic activity in The Bahamas is expected to pick up more strongly from 2014 onward as the U.S. recovery accelerates and The Bahamas starts operations. Also, investment is projected to remain strong in the near future.

Contents:

Cover; CONTENTS; RECENT DEVELOPMENTS; OUTLOOK AND RISKS; POLICY DISCUSSIONS; A. Ensuring Long-Run Fiscal Sustainability; BOXES; 1. Planned Reforms of Selected Public Corporations; B. Enhancing External Stability; 2. Assessment of Reserve Adequacy; C. Maintaining Monetary and Financial Sector Stability; D. Boosting Growth Potential; 3. Key Findings and Progress in Implementing Recommendations; E. Others; STAFF APPRAISAL; FIGURES; 1. Recent Developments; 2. Fiscal Developments and Outlook; 3. Exchange Rate Assessment; 4. External, Saving, and Investment Developments; 5. Financial Developments

6. Structural Competiveness IndicatorsTABLES; 1. Selected Social and Economic Indicators; 2. Operations of the Central Government (In millions of Bahamian dollars); 3.1 Operations of the Central Government (In percent of GDP); 3.2 Key Fiscal Measures for FY2013/14; 3.3 The Bahamas: Revenue Measures for FY2014/15-FY2016/17; 4. Outstanding Stock of Public Debt; 5. Balance of Payments; 6. Summary Accounts of the Central Bank and the Financial System; 7. Indicators of External and Financial Vulnerability; ANNEX; I. Debt Sustainability Analysis; ANNEX FIGURES; 1. Public DSA Risk Assessment

2. Public DSA

Realism of Baseline Assumptions3. Public DSA

Baseline Scenario; 4. Public DSA

Composition of Public Debt and Alternative Scenarios; 5. Public DSA

Stress Tests; 6. External Debt Sustainability: Bound Tests; ANNEX TABLE; 1. External Debt Sustainability Framework, 2008-2018; APPENDIX; I. Draft Press Release; CONTENTS; FUND RELATIONS; FINANCIAL RELATIONS WITH THE INTER-AMERICAN DEVELOPMENT BANK; STATISTICAL ISSUES

Notes:

Description based upon print version of record.

Description based on online resource; title from PDF cover (ebrary, viewed May 1, 2014).

ISBN:

9781484333815

1484333810

9781484333716

1484333713

9781475524505

1475524501