Barbados : 2017 Article IV Consultation-Press Release ; Staff Report ; and Statement by the Executive Director for Barbados.
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Corporate author / creator: | International Monetary Fund. Western Hemisphere Department. |
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Imprint: | Washington, D.C. : International Monetary Fund, 2018. |
Description: | 1 online resource (78 pages). |
Language: | English |
Series: | IMF Staff Country Reports; Country Report, 1934-7685 ; No. 18/133 IMF Staff Country Reports; Country Report ; no. 18/133. |
Subject: | |
Format: | E-Resource Book |
URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12508424 |
ISBN: | 1484358279 9781484358276 9781484358276 |
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Notes: | Print version record. |
Summary: | The economy is slowing, following the recovery in 2016, reflecting an increased pace of fiscal consolidation and policy uncertainty, partly relating to the forthcoming elections. International reserves, which are already low, continue to decline. While there is significant progress in reducing the high fiscal deficit, the government will fall short in meeting the ambitious fiscal adjustment targets set in the May 2017 budget. The adjustment, if maintained, will lead to a decline in the debt-to-GDP ratio, but debt will remain unsustainable. Further delays in privatization will lead to a continued decline in reserves, while large financing requirements remain a serious challenge. |
Other form: | Print Version: Barbados: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Barbados. Washington, D.C. : International Monetary Fund, 2018 |
Standard no.: | 10.5089/9781484358276.002 |
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