St. Vincent and the Grenadines: Article IV Consultation-Press Release and Staff Report
IMF Staff Country Reports, December 21, 2017
Source details
- Canonical URL
- St. Vincent and the Grenadines: Article IV Consultation-Press Release and Staff Report
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Bibliographic details
- Published: December 21, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484334980.002
Growth and outlook
- Growth in St. Vincent and the Grenadines in 2017 is expected to remain relatively flat.
- Growth is expected to pick up to 2.1 percent in 2018 and reach its potential over the medium-term.
External sector
- The current account deficit is expected to narrow reflecting additional profit repatriation by telecommunication companies.
Fiscal developments
- The fiscal situation is projected to worsen substantially in 2017 owing to:
- a projected decline in tax revenue after exceptional receipts in 2016, and
- higher outlays for transfers, subsidies and public investment.
Financial sector and credit
- The domestic banking system remains stable.
- Credit to the private sector has been flat.
Thematic coverage (subjects and keywords highlighted in the report)
- Subjects: Credit bureaus, Economic sectors, Environment, Financial markets, Fiscal stance, Natural disasters, Public debt, Revenue administration, Tourism
- Keywords: Caribbean, center, consumer inflation, CR, Credit bureaus, credit growth, current account, debt, debt target, emergency recovery effort, Global, gross domestic product, ISCR, Natural disasters, private sector, revenue side, seaport assets, Tourism, wage bill
Source: St. Vincent and the Grenadines: Article IV Consultation-Press Release and Staff Report (December 21, 2017).
Content in this bundle
- Country Report