The Bahamas 2007 Article Iv Consultation Staff Report And Public Information Notice On The Executive Board Discussion
Download The Bahamas 2007 Article Iv Consultation Staff Report And Public Information Notice On The Executive Board Discussion full books in PDF, epub, and Kindle. Read online free The Bahamas 2007 Article Iv Consultation Staff Report And Public Information Notice On The Executive Board Discussion ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
| Author | : International Monetary Fund |
| Publisher | : INTERNATIONAL MONETARY FUND |
| Total Pages | : 49 |
| Release | : 2008-01-17 |
| Genre | : |
| ISBN | : 9781451804737 |
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.
| Author | : International Monetary Fund |
| Publisher | : INTERNATIONAL MONETARY FUND |
| Total Pages | : 46 |
| Release | : 2009-06-18 |
| Genre | : |
| ISBN | : 9781451804744 |
The staff report for The Bahamas's 2009 Article IV Consultation examines economic developments and policies. The financial sector, including the offshore sector, accounts for about 20 percent of economic activity. Exchange controls are maintained on capital transactions, narrowing the field of investment opportunities for local wealth, largely to real estate and government debt. Macroeconomic policy has historically been geared to maintaining fiscal sustainability, attracting investment, and supporting the exchange rate peg.
| Author | : Christopher Towe |
| Publisher | : |
| Total Pages | : 54 |
| Release | : 2005 |
| Genre | : |
| ISBN | : |
| Author | : International Monetary Fund |
| Publisher | : INTERNATIONAL MONETARY FUND |
| Total Pages | : 56 |
| Release | : 2005-07-07 |
| Genre | : Business & Economics |
| ISBN | : 9781451804713 |
The Bahamas’s 2005 Article IV Consultation reports that the economic slowdown has contributed to deterioration in the fiscal accounts. The Bahamas is a small, open, and relatively wealthy economy, which is highly dependent on tourism from the United States and offshore financial activities. Offshore financial activities have developed rapidly since the early 1990s and account for roughly 15 percent of GDP. This has reduced the economy’s dependence on the tourism sector, which is focused on the higher end of the U.S. market but still accounts for one-fourth of GDP.
| Author | : |
| Publisher | : |
| Total Pages | : 58 |
| Release | : 2008 |
| Genre | : Bahamas |
| ISBN | : |
| Author | : International Monetary Fund |
| Publisher | : International Monetary Fund |
| Total Pages | : 47 |
| Release | : 2003-07-23 |
| Genre | : Business & Economics |
| ISBN | : 1452714584 |
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.
| Author | : International Monetary Fund |
| Publisher | : International Monetary Fund |
| Total Pages | : 60 |
| Release | : 2008-09-22 |
| Genre | : Business & Economics |
| ISBN | : 1451810997 |
The 2008 Article IV Consultation with Dominica discusses external competitiveness and key policy issues. The real effective exchange rate is broadly in line with macroeconomic fundamentals. Fiscal policy is appropriately focused on reducing high public debt. Plans for developing the tourist sector, including improving air access and roads to tourist attractions, are well advanced and should be financed with a view maintaining the sustainability of public debt. The authorities rightly emphasize improving the business climate, strengthening regulation and supervision of the financial sector, and improving disaster preparedness.
| Author | : International Monetary Fund |
| Publisher | : International Monetary Fund |
| Total Pages | : 41 |
| Release | : 2010-12-20 |
| Genre | : Business & Economics |
| ISBN | : 1455212962 |
The Bahamas depends heavily on tourism and financial services. Executive Directors have commended the strong track record of prudent macroeconomic management, but have encouraged the government to broaden the domestic tax base, reduce distortions, increase the resilience of revenues to shocks, and specify contingency measures to reign in the growth in public debt. Greater transparency will underpin the medium-term fiscal strategy, and a higher international reserve coverage will help reduce vulnerabilities. Measures under way to strengthen the financial system have been commended.
| Author | : |
| Publisher | : |
| Total Pages | : |
| Release | : 1999 |
| Genre | : Bahamas |
| ISBN | : |
| Author | : |
| Publisher | : |
| Total Pages | : 48 |
| Release | : 2003 |
| Genre | : Fiscal policy |
| ISBN | : |
