Hidden Bibliographic Details
| Other authors / contributors: | International Monetary Fund. Western Hemisphere Department, issuing body.
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| ISBN: | 1484323092
9781484323090
9781484323090
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| Notes: | Print version record.
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| Summary: | A prolonged period of stagnation has resulted in declining income relative to neighboring countries, concerns about fiscal sustainability, and a severe household debt overhang problem. Elevated public debt, limited external buffers, and a pegged exchange rate regime, constrain the policy space to respond to shocks. A stronger U.S. economy and the opening of a mega resort are expected to lift real GDP growth to 1 1/2 percent this year and 2 1/2 percent in 2018, but potential growth remains low, reflecting structural impediments. A new administration-in office since mid-May- has pledged a strong commitment to revive growth and restore fiscal accountability and discipline.
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| Other form: | Print Version: Bahamas: 2017 Article IV Consultation-Press Release; and Staff Report. Washington, D.C. : International Monetary Fund,2017 9781484323090
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| Standard no.: | 10.5089/9781484323090.002
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