{
  "title": "The Bahamas: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Bahamas",
  "publication": "IMF Staff Country Reports, July 13, 2016",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/the-bahamas-2016-article-iv-consultation-press-release-staff-report-and-statement-by-the-44074",
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  "summary": "This 2016 Article IV Consultation highlights that economic growth in The Bahamas is estimated to have stalled in 2015, as a modest increase in air tourism arrivals was not sufficient to offset a contraction in domestic demand and weak exports of goods.",
  "publishDate": "2016-07-13",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Key findings on 2015 economic performance",
      "content": "- Economic growth in The Bahamas is estimated to have stalled in 2015.\n- A modest increase in air tourism arrivals was not sufficient to offset:\n  - a contraction in domestic demand, and\n  - weak exports of goods.\n- Private consumption and investment were weighed down by:\n  - headwinds from fiscal consolidation, and\n  - an end to construction.\n- Inflation was moderate at 1.9 percent on average in 2015."
    },
    {
      "heading": "2016 outlook and projections",
      "content": "- Growth is expected to strengthen to about 0.5 percent in 2016, supported by:\n  - continued growth in air tourist arrivals, and\n  - moderating headwinds to private consumption and investment."
    },
    {
      "heading": "Thematic coverage (subjects and keywords)",
      "content": "- Subjects: Banking, Fiscal consolidation, Fiscal policy, Public debt, Revenue administration, Taxes, Value-added tax\n- Keywords: authority, Bahamian authorities, budget communication, budget projection, Caribbean, CR, deficit, Fiscal consolidation, further deficit reduction, Global, goods export, ISCR, Value-added tax\n\n---\n\n Content in this bundle\n\n- cr16224\n  - cr16224 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr16224 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/the-bahamas-2016-article-iv-consultation-press-release-staff-report-and-statement-by-the-44074"
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    "Published: July 13, 2016",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781498356794.002",
    "Economic growth in The Bahamas is estimated to have stalled in 2015.",
    "A modest increase in air tourism arrivals was not sufficient to offset:",
    "Private consumption and investment were weighed down by:",
    "Inflation was moderate at 1.9 percent on average in 2015.",
    "Growth is expected to strengthen to about 0.5 percent in 2016, supported by:",
    "Subjects: Banking, Fiscal consolidation, Fiscal policy, Public debt, Revenue administration, Taxes, Value-added tax",
    "Keywords: authority, Bahamian authorities, budget communication, budget projection, Caribbean, CR, deficit, Fiscal consolidation, further deficit reduction, Global, goods export, ISCR, Value-added tax",
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