The Bahamas: Staff Report for the 2011 Article IV Consultation
IMF Staff Country Reports, December 2, 2011
Source details
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- The Bahamas: Staff Report for the 2011 Article IV Consultation
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Bibliographic details
- Published: December 2, 2011
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781463927882.002
Economic context and performance
- The Bahamian economy began a tepid recovery in 2010, following a sharp recession in 2008 and 2009 in the wake of the global financial crisis.
- Real GDP grew by about 1 percent in 2010.
- The rebound was driven by the trade, hospitality, transport, and government services sectors.
Executive Directors' assessment and policy guidance
- Executive Directors welcomed the gradual recovery of the Bahamian economy.
- They called for steadfast implementation of reforms to:
- place public debt on a sustainable path,
- build fiscal buffers,
- enhance medium-term growth prospects.
Primary subject areas and keywords (as stated)
- Subject: Banking, Economic sectors, External debt, Public debt, Public sector, Revenue administration, Tourism
- Keywords: Bahamas, Bahamian authorities, CR, deficit, e-government portal, GDP, Global, government, government sector debt-to-GDP ratio, IDB effort, ISCR, liability positions vis-à-vis nonresident, Public sector, Tourism
The Bahamas: Staff Report for the 2011 Article IV Consultation (December 2, 2011).
Content in this bundle
- The Bahamas: 2011 Article IV Consultation--Staff Report; IMF Country Report 11/338; October 20, 2011