The Bahamas: Staff Report for the 1999 Article IV Consultation

Publication Date:

August 30, 1999

Electronic Access:

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Summary:

This 1999 Article IV Consultation highlights that real GDP growth for The Bahamas accelerated from less than 1 percent a year in 1994–95 to 4 percent in 1996, but slowed somewhat in 1997–98 as construction work on a second phase of tourism projects led to a decline in the number of available hotel rooms and in tourist arrivals. Following the completion of the expansion projects in November–December 1998, tourist arrivals rose sharply in the first quarter of 1999.

Series:

Country Report No. 1999/089

Subject:

Notes:

Included with the Staff Report are the text of Public Information Notice No. 99/85--IMF Concludes Article IV Consultation with the The Bahamas and a statement by Thomas A. Bernes, Executive Director, on August 3, 1999.

English

Publication Date:

August 30, 1999

ISBN/ISSN:

9781451804645/1934-7685

Stock No:

1BHSEA0011999

Pages:

40

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