Kingdom of the Netherlands—Netherlands Antilles: Staff Report for the 2003 Article IV Consultation Discussions
IMF Staff Country Reports, June 13, 2003
Source details
- Canonical URL
- Kingdom of the Netherlands—Netherlands Antilles: Staff Report for the 2003 Article IV Consultation Discussions
Other formats
Bibliographic details
- Published: June 13, 2003
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451801026.002
Economic performance and inflation
- After a prolonged recession through the second half of the 1990s, the Netherlands Antilles economy has recently shown some important resilience.
- The exchange rate is pegged to the U.S. dollar.
- With the peg, the Netherlands Antilles has enjoyed low inflation.
- Inflation moderated to 0.5 percent in 2002, as cost-push pressures related to higher energy costs and indirect tax increases waned.
- For 2003, inflation is projected to reach 2 percent in line with developments projected for the United States.
Fiscal and policy themes covered
- Banking
- Expenditure
- Fiscal consolidation
- Fiscal policy
- Public debt
- Revenue administration
Keywords and context
- Antillean
- Antillean economy well
- Caribbean
- CR
- economy
- Fiscal consolidation
- fiscal policy
- government
- IMF to the public
- IMF's assessment
- ISCR
- private sector
- trade reform program
IMF Staff Country Report: Kingdom of the Netherlands—Netherlands Antilles: Staff Report for the 2003 Article IV Consultation Discussions (June 13, 2003).