Barbados: 2004 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Barbados

This 2004 Article IV Consultation highlights that Barbados's economy has recovered partially from the 2001-02 recession, as real GDP grew by an estimated 2 percent in 2003, led by a recovery in the tourism sector. Inflation remained low at 1.5 percent, reflecting the currency peg. The external...

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Bibliographic Details
Corporate Author: International Monetary Fund (Author)
Format: Electronic eBook
Language:English
Published: Washington, D.C International Monetary Fund 2004
Series:IMF Staff Country Reports Country Report No. 04/154
Online Access:UBW01
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Volltext
Summary:This 2004 Article IV Consultation highlights that Barbados's economy has recovered partially from the 2001-02 recession, as real GDP grew by an estimated 2 percent in 2003, led by a recovery in the tourism sector. Inflation remained low at 1.5 percent, reflecting the currency peg. The external current account deficit widened in 2003, as merchandise exports declined and imports recovered from their low recession levels. Broad money growth decelerated in 2003, although it was still faster than GDP growth, and banks became increasingly liquid
Physical Description:1 Online-Ressource (56 p)
ISBN:1451806035
9781451806038