The Bahamas : 2010 Article IV Consultation-Staff Report; and Public Information Notice on the Executive Board Discussion.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Contributor:

International Monetary Fund, Contributor.

Series:

IMF Staff Country Reports; Country Report ; No. 2010/369

IMF Staff Country Reports

Language:

English

Subjects (All):

Banks and banking.

Physical Description:

1 online resource (42 p.)

Edition:

First edition.

Place of Publication:

Washington, D.C. : International Monetary Fund, 2010.

Language Note:

English

Summary:

The Bahamas depends heavily on tourism and financial services. Executive Directors have commended the strong track record of prudent macroeconomic management, but have encouraged the government to broaden the domestic tax base, reduce distortions, increase the resilience of revenues to shocks, and specify contingency measures to reign in the growth in public debt. Greater transparency will underpin the medium-term fiscal strategy, and a higher international reserve coverage will help reduce vulnerabilities. Measures under way to strengthen the financial system have been commended.

Contents:

Cover; Contents; I. Background; II. Recent Developments; III. Outlook and Risks; Boxes; 1. Forecasting Economic Activity in The Bahamas; IV. Policy Discussions; A. Fiscal Policy; B. Monetary and Exchange Rate Policy; C. Financial Sector; 2. Domestic Government Debt: Moving Towards a Market-Based Auction Mechanism; D. Enhancing Medium Term Growth; E. Other Issues ; V. Staff Appraisal; Figures; 1. Recent Developments; 2. Fiscal Developments and Outlook; 3. Exchange Rate Assessment; 4. Tax Revenue Regional Comparison; 5. Financial Developments; Tables; 1. Selected Economic Indicators

2. Operations of the Central Government (in millions of Bahamian dollars)3. Operations of the Central Government (in percent of GDP); 4. Public Debt; 5. Balance of Payments; 6. Summary Accounts of the Central Bank and the Financial System; 7. Indicators of External and Financial Vulnerability; 8. Central Government Debt Sustainability Framework, 2005-2015; 6. Public Debt Sustainability: Bound Tests; 9. External Debt Sustainability Framework, 2005-2015; 7. External Debt Sustainability: Bound Tests; Appendices; I. Background and Summary of Informational Annexes; Contents; Annexes

I. Fund RelationsII. Financial Relations with the Inter-American Development Bank; III. Statistical Issues

Notes:

Description based upon print version of record.

Description based on print version record.

ISBN:

9786613871725

9781462348480

1462348483

9781455219568

1455219568

9781283559270

1283559277

9781455237739

1455237736

OCLC:

808671810