{
  "title": "St. Vincent and the Grenadines: Article IV Consultation-Press Release and Staff Report",
  "publication": "IMF Staff Country Reports, December 21, 2017",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2017/12/21/st-45509",
  "canonical": "https://www.imf.org/en/publications/cr/issues/2017/12/21/st-45509",
  "overlayPath": "/en/publications/cr/issues/2017/12/21/st-45509/index.md",
  "summary": "This 2017 Article IV Consultation highlights that growth in St. Vincent and the Grenadines in 2017 is expected to remain relatively flat. The current account deficit is expected to narrow reflecting additional profit repatriation by telecommunication companies.",
  "sections": [
    {
      "heading": "Growth and outlook",
      "content": "- Growth in St. Vincent and the Grenadines in 2017 is expected to remain relatively flat.\n- Growth is expected to pick up to 2.1 percent in 2018 and reach its potential over the medium-term."
    },
    {
      "heading": "External sector",
      "content": "- The current account deficit is expected to narrow reflecting additional profit repatriation by telecommunication companies."
    },
    {
      "heading": "Fiscal developments",
      "content": "- The fiscal situation is projected to worsen substantially in 2017 owing to:\n  - a projected decline in tax revenue after exceptional receipts in 2016, and\n  - higher outlays for transfers, subsidies and public investment."
    },
    {
      "heading": "Financial sector and credit",
      "content": "- The domestic banking system remains stable.\n- Credit to the private sector has been flat."
    },
    {
      "heading": "Thematic coverage (subjects and keywords highlighted in the report)",
      "content": "- Subjects: Credit bureaus, Economic sectors, Environment, Financial markets, Fiscal stance, Natural disasters, Public debt, Revenue administration, Tourism\n- Keywords: Caribbean, center, consumer inflation, CR, Credit bureaus, credit growth, current account, debt, debt target, emergency recovery effort, Global, gross domestic product, ISCR, Natural disasters, private sector, revenue side, seaport assets, Tourism, wage bill\n\nSource: St. Vincent and the Grenadines: Article IV Consultation-Press Release and Staff Report (December 21, 2017).\n\n---\n\n Content in this bundle\n\n- Country Report\n  - Country Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Country Report (PDF){rel=\"external\" type=\"application/pdf\"}"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/cr/issues/2017/12/21/st-45509/index.md)",
    "[Structured JSON version](/en/publications/cr/issues/2017/12/21/st-45509/index.json)",
    "[Bundle manifest](/en/publications/cr/issues/2017/12/21/st-45509/bundle-manifest.json)",
    "Published: December 21, 2017",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484334980.002",
    "Growth in St. Vincent and the Grenadines in 2017 is expected to remain relatively flat.",
    "Growth is expected to pick up to 2.1 percent in 2018 and reach its potential over the medium-term.",
    "The current account deficit is expected to narrow reflecting additional profit repatriation by telecommunication companies.",
    "The fiscal situation is projected to worsen substantially in 2017 owing to:",
    "The domestic banking system remains stable.",
    "Credit to the private sector has been flat.",
    "Subjects: Credit bureaus, Economic sectors, Environment, Financial markets, Fiscal stance, Natural disasters, Public debt, Revenue administration, Tourism",
    "Keywords: Caribbean, center, consumer inflation, CR, Credit bureaus, credit growth, current account, debt, debt target, emergency recovery effort, Global, gross domestic product, ISCR, Natural disasters, private sector, revenue side, seaport assets, Tourism, wage bill",
    "**Country Report**"
  ],
  "related": [
    {
      "title": "Country Report",
      "role": "report",
      "sourceUrl": "https://www.imf.org/-/media/files/publications/cr/2017/cr17400-stvincentbundle.pdf",
      "summary": {
        "path": "/-/media/files/publications/cr/2017/cr17400-stvincentbundle.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/files/publications/cr/2017/cr17400-stvincentbundle.pdf",
        "mime": "application/pdf"
      }
    }
  ],
  "alternates": {
    "markdown": "/en/publications/cr/issues/2017/12/21/st-45509/index.md",
    "json": "/en/publications/cr/issues/2017/12/21/st-45509/index.json",
    "bundleManifest": "/en/publications/cr/issues/2017/12/21/st-45509/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-12T21:07:32.355Z"
}