St. Vincent and the Grenadines: 2003 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for St. Vincent and the Grenadines

July 6, 2005

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St. Vincent and the Grenadines: 2003 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for St. Vincent and the Grenadines, (USA: International Monetary Fund, 2005) accessed November 22, 2024

Summary

St. Vincent and the Grenadines’s 2003 Article IV Consultation reports that it had moderate levels of public sector debt and debt service during the 1990s. To reduce growth volatility, since the mid-1990s, the government has attempted to implement an economic diversification program supported by major public investments. The cornerstone of the economic diversification program has been structural reforms in the agricultural sector, aimed not only at promoting nonbanana crops, but also at increasing the productivity of the banana sector.

Subject: Commercial banks, Economic sectors, External debt, Financial institutions, Public debt, Public enterprises, Public sector

Keywords: Authority, Caribbean, Commercial banks, CR, Debt, GDP, Global, Growth prospect, ISCR, Medium term outlook, Public enterprises, Public sector, Public sector debt stock, Raise concern, Wage bill

Publication Details

Pages:

55
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2005/227
Stock No:

1VCTEA2005001
ISBN:

9781451839999
ISSN:

1934-7685

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