St. Vincent and the Grenadines : 2007 Article IV Consultation: Staff Report; Staff Supplement and Statement; Public Information Notice 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. 2009/118

IMF Staff Country Reports

Language:

English

Physical Description:

1 online resource (67 p.)

Edition:

1st ed.

Place of Publication:

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

Language Note:

English

Summary:

This 2007 Article IV Consultation highlights that the economy of St. Vincent and the Grenadines is enjoying its second year of vigorous economic growth. Financial sector indicators have strengthened, but balance sheet vulnerabilities remain. Executive Directors have welcomed St. Vincent and the Grenadines’ recent strong macroeconomic performance, marked by robust economic growth, fiscal consolidation, and declining debt levels. Directors have also stressed that continued fiscal consolidation is needed to lower the public debt-to-GDP ratio, and create room to raise social spending.

Contents:

Cover; Executive Summary; Contents; I. Recent Developments and Outlook; II. Policy Discussions; A. Growth; B. Debt Sustainability and Fiscal Policy; C. Reducing Vulnerabilities; III. Staff Appraisal; Boxes; 1. The New VAT; 2. Ottley Hall Debt Write-Off; 3. Challenges Facing the National Insurance Services (NIS) and Public Service Pension System; Figures; 1. Overview; 2. Fiscal Developments, 1990-2006; 3. External Competitiveness, 1991-2006; 4. Monetary Developments, 2001-07; 5. Banking System Vulnerabilities; 6. Doing Business Indicators, 2007; Tables

1. Selected Social and Economic Indicators, 2003-082a. Summary of Central Government Operations, 2003-12 (in millions of EC dollars); 2b. Summary of Central Government Operations, 2003-12 (in millions of EC dollars); 3a. Summary of Central Government Operations, 2003-12 (in percent of GDP); 3b. Summary of Central Government Operations 2003-12 (in percent of GDP); 4. Balance of Payments Summary, 2003-12; 5. Monetary Survey, 2003-08; 6. Medium-Term Projections, 2003-12; 7. Indicators of External and Financial Vulnerability, 2003-07; 8. Public Sector Debt, 2003-06

9. Millennium Development Goals Country ProfileAnnexes; I. Medium-Term Outlook Under Alternative Fiscal Scenarios; II. Summary of Appendices; III. Analytical Work; 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:

9786613880925

9781462379538

1462379532

9781452720111

1452720118

9781283568470

1283568470

9781451889628

1451889623

OCLC:

876511875