St. Vincent and the Grenadines : Request for Disbursement Under the Rapid Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for St. Vincent and the Grenadines

Author/Editor:

International Monetary Fund. Western Hemisphere Dept.

Publication Date:

May 29, 2020

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The fallout from the global pandemic crisis is hitting St. Vincent and the Grenadines hard. Tourism receipts (accounting for nearly 30 percent of GDP) have dried up, as tourism arrivals have come to a complete halt. The economy is now projected to contract by 5.5 percent —7.8 percentage points below pre-COVID-19 projections. Local outbreaks of COVID-19 have thus far been contained.

Series:

Country Report No. 2020/179

Subject:

English

Publication Date:

May 29, 2020

ISBN/ISSN:

9781513545745/1934-7685

Stock No:

1VCTEA2020001

Format:

Paper

Pages:

46

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