The Bahamas: Staff Report for the 1999 Article IV Consultation
August 30, 1999
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This 1999 Article IV Consultation highlights that real GDP growth for The Bahamas accelerated from less than 1 percent a year in 1994–95 to 4 percent in 1996, but slowed somewhat in 1997–98 as construction work on a second phase of tourism projects led to a decline in the number of available hotel rooms and in tourist arrivals. Following the completion of the expansion projects in November–December 1998, tourist arrivals rose sharply in the first quarter of 1999.
Subject: Banking, Credit, Economic sectors, Imports, International trade, Public debt, Public sector, Revenue administration, Tourism
Keywords: Bahamian authorities, Caribbean, CR, government, government limit transfer, government ownership, government's willingness, Imports, ISCR, Public sector, Tourism, transfers to non-profit, Western Hemisphere
Pages:
40
Volume:
1999
DOI:
Issue:
089
Series:
Country Report No. 1999/089
Stock No:
1BHSEA0011999
ISBN:
9781451804645
ISSN:
1934-7685
Notes
Included with the Staff Report are the text of Public Information Notice No. 99/85--IMF Concludes Article IV Consultation with the The Bahamas and a statement by Thomas A. Bernes, Executive Director, on August 3, 1999.
