Antigua and Barbuda 2010 Article IV Consultation and Request for Stand-By Arrangement: Staff Report; Supplements; Public Information Notice; Press Release; and ED's Statement

The global slowdown has severely affected Antigua and Barbuda’s economy through its impact on tourist arrivals, FDI inflows and remittances, and fiscal revenue. The recession and associated fiscal crisis coincides with already weak public finances and mounting problems in the financial sector. The a...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2010
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:The global slowdown has severely affected Antigua and Barbuda’s economy through its impact on tourist arrivals, FDI inflows and remittances, and fiscal revenue. The recession and associated fiscal crisis coincides with already weak public finances and mounting problems in the financial sector. The authorities have taken decisive action to address the fiscal crisis and set the stage for a sustained recovery. The scope for restructuring public debt with domestic banks is limited, and financial sector reform is paramount
Physical Description:82 pages
ISBN:9781455207763