IMF Staff Country Reports

St. Vincent and the Grenadines: 2006 Article IV Consultation: Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion

November 21, 2007

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St. Vincent and the Grenadines: 2006 Article IV Consultation: Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion, (USA: International Monetary Fund, 2007) accessed September 19, 2024

Summary

The staff report for the 2006 Article IV Consultation on St. Vincent and the Grenadines highlights economic prospects and the fiscal situation. St. Vincent and the Grenadines is a small, open economy that has increasingly relied on its tourism sector. The export-oriented services sector accounts for about three-fourth of total value added, and the import content of both domestic consumption and investment is high. Despite ongoing efforts to enhance statistical databases in St. Vincent and the Grenadines, weaknesses remain in terms of coverage, timeliness, and dissemination of statistical data.

Subject: Economic sectors, Expenditure, External debt, Public debt, Public sector, Revenue administration

Keywords: Broad money, Caribbean, CR, Debt ratio, Deficit, Discussions of article IV consultation, Estimate, Expenditure reform, Government, Grant receipt, ISCR, Low-priority capital project, Policy commitment, Public sector, Staff appraisal, Stamp duty revenue

Publication Details

  • Pages:

    62

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2007/367

  • Stock No:

    1VCTEA2007001

  • ISBN:

    9781451840025

  • ISSN:

    1934-7685