Kingdom of the Netherlands—Netherlands Antilles: Staff Report for the 2003 Article IV Consultation Discussions

June 13, 2003

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Kingdom of the Netherlands—Netherlands Antilles: Staff Report for the 2003 Article IV Consultation Discussions, (USA: International Monetary Fund, 2003) accessed October 10, 2024

Summary

This 2003 Article IV Consultation highlights that after a prolonged recession through the second half of the 1990s, the Netherlands Antilles economy has recently shown some important resilience. With the exchange rate pegged to the U.S. dollar, the Netherlands Antilles has enjoyed low inflation. With waning cost-push pressures related to higher energy costs and indirect tax increases, inflation has moderated to 0.5 percent in 2002. For 2003, inflation is projected to reach 2 percent in line with developments projected for the United States.

Subject: Banking, Expenditure, Fiscal consolidation, Fiscal policy, Public debt, Revenue administration

Keywords: Antillean, Antillean economy well, Caribbean, CR, Economy, Fiscal consolidation, Fiscal policy, Government, IMF to the public, IMF's assessment, ISCR, Private sector, Trade reform program

Publication Details

Pages:

40
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2003/160
Stock No:

1ANTEA0022003
ISBN:

9781451801026
ISSN:

1934-7685

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