United Kingdom-Montserrat-British Overseas Territory : 2011 Article IV Consultation

Publication Date: January 20, 2012
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Summary: The 2011 Article IV Consultation highlights that low growth is expected for Montserrat in 2011 after sharp output contractions in 2009–10. Stress in the financial sector and slower-than-expected development of major capital investment projects continue to limit prospects for growth. Directors have welcomed the development of a strategy for addressing financial vulnerabilities and the initial progress in implementing it. They have supported preemptive action to minimize costs and risks and preparation of an action plan spelling out the roles of key players.
Series: Country Report No. 12/9
Subject(s): Article IV consultation reports | Bank supervision | Economic growth | Economic indicators | Nonbank financial sector | Tax administration | Tax reforms | Tourism

Publication Date: January 20, 2012
ISBN/ISSN: 9781463932503/1934-7685 Format: Paper
Stock No: 1MSREA2012001 Pages: 36
US$18.00 (Academic Rate:
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