## The Bahamas: Staff Report for the 2013 Article IV Consultation

_IMF Staff Country Reports, March 7, 2014_

## Source details

**Canonical URL:** [The Bahamas: Staff Report for the 2013 Article IV Consultation](https://www.imf.org/en/publications/cr/issues/2016/12/31/the-bahamas-staff-report-for-the-2013-article-iv-consultation-41411)

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## Bibliographic details
- Published: March 7, 2014
- Series: IMF Staff Country Reports

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### Executive summary and outlook
- Focus: economic developments and policies in The Bahamas, emphasizing policies to secure fiscal, external, and financial sector stability, and to strengthen medium-term growth.
- Key assessment: authorities need to implement comprehensive policies to restrict the central government deficit and reduce debt to comfortable levels.
- Growth outlook:
  - 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.
  - Investment is projected to remain strong in the near future.

### Policy recommendations and stability measures
- Fiscal policy:
  - Implement comprehensive policies to restrict the central government deficit.
  - Reduce debt to comfortable levels.
- Financial sector and external stability:
  - Adopt policies aimed at securing financial sector stability.
  - Take measures to secure external stability in line with the overall macroeconomic strategy.

### Subject areas and keywords (as listed)
- 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

### Publication metadata
- Publication date: March 7, 2014
- Series: Country Report No. 2014/075
- Issue: 075
- Volume: 2014
- Pages: 57
- Stock No: 1BHSEA2014002
- ISBN: 9781475514797
- ISSN: 1934-7685
- Format noted on landing page: PDF available; citation example provided as Chicago: International Monetary Fund. Western Hemisphere Dept. "The Bahamas: Staff Report for the 2013 Article IV Consultation", IMF Staff Country Reports 2014, 075 (2014), accessed 9/23/2026

*International Monetary Fund. The Bahamas: Staff Report for the 2013 Article IV Consultation. March 7, 2014.*

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/the-bahamas-staff-report-for-the-2013-article-iv-consultation-41411_