Antigua and Barbuda: Staff Report for the 2012 Article IV Consultation, Seventh Review under the Stand-By Arrangement and Financing Assurances Review, Request for Waiver of Nonobservance of Performance Criterion and Request for Waiver of Applicability

March 22, 2013

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Format: Chicago

Antigua and Barbuda: Staff Report for the 2012 Article IV Consultation, Seventh Review under the Stand-By Arrangement and Financing Assurances Review, Request for Waiver of Nonobservance of Performance Criterion and Request for Waiver of Applicability, (USA: International Monetary Fund, 2013) accessed November 22, 2024

Summary

This article is a report of the IMF Executive Board’s program for Antigua and Barbuda. The Stand-By Arrangement program was developed as a response to the looming fiscal crisis, which resulted in large fiscal deficits and debts similar to the global crisis. The program is approved to support fiscal adjustment, debt restructuring, reduction of arrears, and financial reforms. The program attained significant progress. The Executive Board takes this potential growth as an achievement in the global competition.

Subject: Arrears, Banking, External debt, Fiscal policy, Fiscal stance, Public debt, Revenue administration

Keywords: Arrears, Caribbean, Central government, Core inflation, CR, Debt, Debt ratio, Executive board's discussion, Fiscal stance, Global, Growth-enhancing expenditure, Headline inflation, ISCR, Request, Waiver

Publication Details

Pages:

84
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2013/076
Stock No:

1ATGEA2013001
ISBN:

9781484351284
ISSN:

1934-7685

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