## Barbados: 2006 Article IV Consultation—Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion

_IMF Staff Country Reports, September 13, 2006_

## Source details

**Canonical URL:** [Barbados: 2006 Article IV Consultation—Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion](https://www.imf.org/en/publications/cr/issues/2016/12/31/barbados-2006-article-iv-consultation-staff-report-staff-statement-and-public-information-19876)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/barbados-2006-article-iv-consultation-staff-report-staff-statement-and-public-information-19876/index.md)
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## Bibliographic details
- Published: September 13, 2006
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451806069.002

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### Economic performance and macroeconomic imbalances
- Barbados' economy continued to grow.
- Macroeconomic imbalances worsened.
- Executive Directors attributed the imbalances to a procyclical fiscal stance.

### Policy recommendations and monetary/exchange-rate stance
- Advised to tighten monetary policy.
- Advised to safeguard the fixed exchange rate regime as an anchor of macroeconomic stability.

### Financial sector and market infrastructure
- Emphasized strengthening the financial sector regulatory framework.
- Emphasized developing the financial market infrastructure.

### Commendations and positive assessments
- Commended the strong performance of the public pension system.
- Commended banking indicators.
- Commended the agenda of CARICOM Single Market Economy (CSME).

### Subject coverage and keywords
- Subjects: Banking, Credit, Economic sectors, Fiscal policy, Inflation, Money, Prices, Public debt, Public sector
- Keywords: agency outlook, Caribbean, core inflation, CR, Credit, current account, deficit, fiscal policy, Global, Inflation, ISCR, outlook, period inflation, Public sector, Standard & Poor's

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## Content in this bundle

- **_cr06323 - Executive Summary**
  - [_cr06323 - Executive Summary (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2006/_cr06323.pdf.md){rel="alternate" type="text/markdown"}
  - [_cr06323 - Executive Summary (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2006/_cr06323.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/barbados-2006-article-iv-consultation-staff-report-staff-statement-and-public-information-19876_