| Description |
1 online resource (77 pages) |
| Series |
IMF Staff Country Reports, 1934-7685 |
|
IMF Staff Country Reports
|
| Contents |
Cover; CONTENTS; CONTEXT; RECENT DEVELOPMENTS; OUTLOOK AND RISKS; POLICY DISCUSSIONS; STAFF APPRAISAL; BOXES; 1. Implementation of 2015 Article IV Recommendations; 2. Fiscal Adjustment Effort Over the Past Five Years; 3. International Business and Financial Sector Developments; FIGURES; 1. Real Sector Dvelopments; 2. Fiscal Sector Developments; 3. External Sector Developments; 4. Monetary Sector Developments; 5. Financial Sector Developments; 6. Social Development Indicators; 7. Competitiveness Indicators; TABLES; 1. Selected Economic, Financial, and Social Indicators |
|
2. Central Government Operations (Baseline)3. Central Government Debt (Baseline); 4. Balance of Payments (Baseline); 5. Summary Monetary Survey (Baseline); 6. Medium-Term Macroeconomic Framework (Baseline); 7. Financial Sector Indicators; ANNEXES; I. Risk Assessment Matrix; II. Debt Sustainability Analysis (DSA); III. External Sector Assessment, Competitiveness, and Reserve Adequacy; IV. Risks to Financial Stability in Barbados; CONTENTS; FUND RELATIONS; RELATIONS WITH THE WORLD BANK GROUP; RELATIONS WITH THE INTER-AMERICAN DEVELOPMENT BANK; RELATIONS WITH THE CARIBBEAN DEVELOPMENT BANK |
| 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 |
| Notes |
Print version record |
| Subject |
Economic development -- Barbados
|
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Fiscal policy -- Barbados
|
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Debts, Public -- Barbados
|
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Economic indicators -- Barbados
|
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Debts, Public
|
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Economic development
|
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Economic history
|
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Economic indicators
|
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Fiscal policy
|
| SUBJECT |
Barbados -- Economic conditions
|
| Subject |
Barbados
|
| Form |
Electronic book
|
| Author |
International Monetary Fund. Western Hemisphere Department.
|
| ISBN |
1475530358 |
|
9781475530353 |
|
