Barbados : 2007 Article IV Consultation-Staff Report; and Public Information Notice on the Executive Board Discussion

1BRBEA2007001 Image
Price:  $18.00

Release Date: © September, 2007
ISBN : 978-1-45180-607-6
Stock #: 1BRBEA2007001
English
Stock Status: On back-order

Languages and formats available

EnglishFrenchSpanishArabicRussianChinesePortuguese
PaperbackYes
PDFYes
ePubYes
MobipocketYes

Description

This 2007 Article IV Consultation highlights that the economy of Barbados has been growing at a solid pace, and the outlook for 2007 is generally favorable. Robust output growth of about 4 percent is expected to continue in 2007, supported by tourism and construction. Inflation, which was pushed up in 2006 by higher energy prices and a temporary import surcharge, is set to decelerate to 5½ percent in 2007. However, the current account deficit, despite having narrowed in 2006, is still high and projected to remain unchanged at about 8½ percent of GDP.

Taxonomy

Balance of payments , Capital account , Economic policy , Inflation , Monetary policy




More publications in this series: IMF Staff Country Reports