Barbados : 2016 Article IV Consultation-Press Release ; Staff Report ; and Statement by the Executive Director for Barbados.

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Bibliographic Details
Corporate author / creator:International Monetary Fund. Western Hemisphere Department.
Imprint:Washington, D.C. : International Monetary Fund, 2016.
Description:1 online resource (77 pages).
Language:English
Series:IMF Staff Country Reports, 1934-7685
IMF Staff Country Reports.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/13512144
Hidden Bibliographic Details
Other authors / contributors:International Monetary Fund. Western Hemisphere Department.
ISBN:1475530358
9781475530353
9781475530353
Notes:Print version record.
Summary:The economy appears to have turned the corner but a disappointing fiscal outcome has not eased concerns about debt sustainability. After protracted stagnation following the 2008 financial crisis, there was a moderate recovery in 2015 and growth is set to pick up. Notwithstanding adjustment efforts, the budget deficit remained high, mainly reflecting delayed implementation of reforms. The large funding requirements were mostly met by the central bank, the National Insurance Scheme, and growing arrears. Continued large deficits pose risks to the fixed exchange rate.
Other form:Print Version: Barbados: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Barbados. Washington, D.C. : International Monetary Fund,2016 9781475530353
Standard no.:10.5089/9781475530353.002