Barbados : 2006 Article IV Consultation—Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion

Author/Editor:

International Monetary Fund

Publication Date:

September 13, 2006

Electronic Access:

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Summary:

Barbados' economy continued to grow, but macroeconomic imbalances worsened. Executive Directors observed that the imbalances are owed to a procyclical fiscal stance, and advised to tighten monetary policy and safeguard the fixed exchange rate regime as an anchor of macroeconomic stability. They also emphasized to strengthen the financial sector regulatory framework and develop the financial market infrastructure. They commended the strong performance of the public pension system, banking indicators, and the agenda of CARICOM Single Market Economy (CSME).

Series:

Country Report No. 06/323

Subject:

English

Publication Date:

September 13, 2006

ISBN/ISSN:

9781451806069/1934-7685

Stock No:

1BRBEA2006001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

58

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