IMF Staff Country Reports

Barbados: Staff Report for the 1999 Article IV Consultation

December 20, 1999

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Barbados: Staff Report for the 1999 Article IV Consultation, (USA: International Monetary Fund, 1999) accessed September 19, 2024

Summary

This 1999 Article IV Consultation highlights that since the early 1990s, Barbados has been experiencing steady economic growth founded on prudent economic management and generally favorable external conditions. Economic policy has incorporated fiscal and wage restraint, consistent with the maintenance of the long-standing exchange parity with the U.S. dollar. In 1998, real GDP growth picked up, based on strong performances in the tourism and construction sectors, although a drought led to a decline in sugar output.

Subject: Central banks, Economic sectors, External debt, International reserves, Labor, Public debt, Public sector, Public sector wages

Keywords: Authorities of Barbados, Barbadian authorities, Barbadian economy, Caribbean, CR, Deficit, Government, International reserves, ISCR, Public sector, Public sector wages, Single market, Skillful management, Wage

Publication Details

  • Pages:

    46

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 1999/142

  • Stock No:

    1BRBEA0011999

  • ISBN:

    9781451805963

  • ISSN:

    1934-7685

Notes

Included with the Staff Report are the text of Public Information Notice No. 99/112--IMF Concludes Article IV Consultation with Barbados and a Statement by Mr. Thomas A. Bernes, Executive Director, on November 5, 1999.