The Bahamas: 2007 Article IV Consultation: Staff Report and Public Information Notice on the Executive Board Discussion
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
Prudent macroeconomic management, strong growth, low inflation, small fiscal deficit, and public debt have helped The Bahamas attain the highest standard of living in the Caribbean. Executive Directors supported the government’s goals of balancing the budget and reducing debt. They encouraged the use of market-based monetary policy and tax administration. They emphasized the need of a macroeconomic policy framework, international reserves, and a strong financial framework. Directors appreciated the performance of the financial system and also for modernizing the regime to combat money laundering and terrorism financing.
Series:
Country Report No. 2008/023
Subject:
Balance of payments Current account deficits Economic sectors External debt Imports International trade Public debt Tourism
English
Publication Date:
January 17, 2008
ISBN/ISSN:
9781451804737/1934-7685
Stock No:
1BHSEA2008001
Pages:
51
Please address any questions about this title to publications@imf.org