St. Vincent and the Grenadines : 2009 Article IV Consultation and Request for Disbursement Under the Rapid-Access Component of the Exogenous Shocks Facility: Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for St. Vincent and the Grenadines.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Contributor:

International Monetary Fund, Contributor.

Series:

IMF Staff Country Reports; Country Report ; No. 2009/181

IMF Staff Country Reports

Language:

English

Physical Description:

1 online resource (78 p.)

Edition:

1st ed.

Place of Publication:

Washington, D.C. : International Monetary Fund, 2009.

Language Note:

English

Summary:

St. Vincent and the Grenadines’s financial system has been largely unaffected by the global financial crisis. The report examines St. Vincent and the Grenadines 2009 Article IV Consultation and request for Disbursement under the Rapid-Access Component of the Exogenous Shocks Facility. The global economic downturn has led to a significant decline in tourism, which worsened the balance of payments position and, together with lower foreign direct investment and construction activity, led to a sharp output slowdown in 2008.

Contents:

Cover; Executive Summary; Contents; I. Recent Developments and Outlook; Boxes; 1. The Economic Impact of the Tourism and FDI Shock; II. Policy Discussions; A. Managing Risks in the Near-Term; B. Improving Competitiveness and Enhancing Sustainable Growth; C. Fiscal Policy and Debt Sustainability; D. Reducing Vulnerabilities; E. Measures to Ameliorate the Shock To Tourism; III. Request for an ESF and Capacity to Repay the Fund; IV. Staff Appraisal; 2. The Impact of the VAT and Global Commodity Prices on CPI Inflation; 3. Assessment of External Stability; 4. The 2009 Budget; Figures; 1. Overview

2. Fiscal Developments, 1990-20083. External Competitiveness, 1990-2008; 4. Monetary Developments, 2002-08; 5. Banking System Vulnerabilities; 6. Doing Business Indicators, 2008; Tables; 1. Selected Social and Economic Indicators, 2004-10; 2. Summary of Central Government Operations, 2006-14 (in millions of EC dollars); 2a. Summary of Central Government Operations, 2006-14 (in millions of EC dollars); 3. Summary of Central Government Operations, 2006-14 (in percent of GDP); 3a. Summary of Central Government Operations, 2006-14 (in percent of GDP); 4. Balance of Payments Summary, 2006-14

5. Monetary Survey, 2006-106. Medium-Term Projections, 2006-14; 7. Indicators of External and Financial Vulnerability, 2004-08; 8. Public Sector Debt, 2004-08; 9. Millennium Development Goals Country Profile; 10. Indicators of Capacity to Repay the Fund, 2007-19; Annexes; I. Medium-Term Outlook under Alternative Fiscal Scenarios; II. Summary of Appendices; Attachment; Letter of Intent; Contents; Appendices; I. Relations with the Fund; II. Relations with the World Bank Group; III. Relations with the Caribbean Development Bank; IV. Statistical Issues

Notes:

Description based upon print version of record.

Description based on publisher supplied metadata and other sources.

ISBN:

9786613878670

9781462356331

1462356338

9781452761480

1452761485

9781283566223

1283566222

9781451889642

145188964X

OCLC:

876511879