The Bahamas: 2003 Article IV Consultation-Staff Report; and Public Information Notice on the Executive Board Discussion

July 23, 2003

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Format: Chicago

The Bahamas: 2003 Article IV Consultation-Staff Report; and Public Information Notice on the Executive Board Discussion, (USA: International Monetary Fund, 2003) accessed September 20, 2024

Summary

The Bahamas showed strong performance owing to its prudent macroeconomic management. Executive Directors welcomed this step, and emphasized the need to strengthen fiscal and international reserve positions, and diversify the economic base to maintain confidence and reduce economic vulnerabilities. They stressed the need to accelerate structural reforms, improve financial supervision and regulation, and to bring the regimes for combating money laundering and terrorism financing. They appreciated The Bahamas's participation in the General Data Dissemination System, and encouraged action to remove inconsistencies that exist in the economic data.

Subject: Banking, Central banks, External debt, Government debt management, International reserves, Public debt, Public financial management (PFM), Revenue administration

Keywords: Caribbean, Central government deficit, CR, Debt, Debt path, Deficit, Global, Government debt management, Government debt-to-GDP ratio, Government-guaranteed obligation, IMF staff estimate, International reserves, ISCR, Open economy, Policy, Slowdown well

Publication Details

Pages:

45
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2003/220
Stock No:

1BHSEA0012003
ISBN:

9781451804669
ISSN:

1934-7685

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