The Bahamas: Staff Report for the 2013 Article IV Consultation
March 7, 2014
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This 2013 Article IV Consultation highlights economic developments and policies in The Bahamas. The paper focuses on policies to secure fiscal, external, and the financial sector stability, and strengthen medium-term growth. It outlines that the authorities need to implement comprehensive policies to restrict the central government deficit and reduce debt to comfortable levels. It suggests that economic activity in The Bahamas is expected to pick up more strongly from 2014 onward as the U.S. recovery accelerates and The Bahamas starts operations. Also, investment is projected to remain strong in the near future.
Subject: Economic sectors, Fiscal consolidation, Fiscal policy, Public debt, Public sector, Taxes, Tourism, Value-added tax
Keywords: Bahamas, Caribbean, central government debt, consumer price index, CR, exchange rate, executive board assessment, export-import price indices, financial asset, Fiscal consolidation, GDP, Global, ISCR, Public sector, real gross domestic product, staff appraisal, Tourism, tourism services export, U.S. dollar, Value-added tax
Pages:
57
Volume:
2014
DOI:
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Issue:
075
Series:
Country Report No. 2014/075
Stock No:
1BHSEA2014002
ISBN:
9781475514797
ISSN:
1934-7685
