Barbados: Staff Report for the 1999 Article IV Consultation
December 20, 1999
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This 1999 Article IV Consultation highlights that since the early 1990s, Barbados has been experiencing steady economic growth founded on prudent economic management and generally favorable external conditions. Economic policy has incorporated fiscal and wage restraint, consistent with the maintenance of the long-standing exchange parity with the U.S. dollar. In 1998, real GDP growth picked up, based on strong performances in the tourism and construction sectors, although a drought led to a decline in sugar output.
Subject: Central banks, Economic sectors, External debt, International reserves, Labor, Public debt, Public sector, Public sector wages
Keywords: authorities of Barbados, Barbadian authorities, Barbadian economy, Caribbean, CR, deficit, government, International reserves, ISCR, Public sector, Public sector wages, single market, skillful management, wage
Pages:
46
Volume:
1999
DOI:
Issue:
142
Series:
Country Report No. 1999/142
Stock No:
1BRBEA0011999
ISBN:
9781451805963
ISSN:
1934-7685
Notes
Included with the Staff Report are the text of Public Information Notice No. 99/112--IMF Concludes Article IV Consultation with Barbados and a Statement by Mr. Thomas A. Bernes, Executive Director, on November 5, 1999.
