Barbados : 2008 Article IV Consultation: Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion

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Release Date: © August, 2008
ISBN : 978-1-45180-609-0
Stock #: 1BRBEA2008001
Stock Status: On back-order

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Barbados’s 2008 Article IV Consultation is focused on policies to balance the conflicting risks to inflation, growth, and medium-term sustainability. Although the government has maintained some policy space by postponing the liberalization of the capital account, its options are constrained by high public debt and the peg to the U.S. dollar. Downward-trending annual inflation rates masked pent-up price pressures that have been unleashed. The government stressed its commitment to fiscal prudence, with a view to balancing the central government accounts over the medium term.


Balance of payments , Bank regulations , Banks and banking , Capital account , Economic policy , Financial institutions and markets , Fiscal policy , Inflation , Labor market , Monetary policy , Wages

More publications in this series: IMF Staff Country Reports