Showing 1 - 10 of 16
-Access Component of the Exogenous Shocks Facility. The global economic downturn has led to a significant decline in tourism, which …
Persistent link: https://www.econbiz.de/10011242564
relations and hurt business confidence. Fiji’s economy is expected to have contracted by 2½ percent in 2009, reflecting the … adverse impact of the global crisis on exports and tourism. Recent developments have put considerable pressure on the budget …
Persistent link: https://www.econbiz.de/10011242701
This 2005 Article IV Consultation highlights that data for the first half of 2005 point to a widening fiscal deficit for Antigua and Barbuda. A combination of a reduction in capital spending and some improvement in revenues following a tightening of the concessions regime resulted in a closing...
Persistent link: https://www.econbiz.de/10011243093
This paper presents key findings of the Fourth Review for the Gambia under the three-year arrangement under the Poverty Reduction and Growth Facility (PRGF). The Gambia remains at high risk of debt distress. Overall performance under the PRGF-supported program has been satisfactory, but downside...
Persistent link: https://www.econbiz.de/10011243173
This 2013 Article IV Consultation highlights that Montenegro’s recovery from the collapse of the lending boom in 2008 has been slowed by the debt overhang that remains in the private sector. Output contracted in 2012 because of unusually severe winter weather early in the year, as well as...
Persistent link: https://www.econbiz.de/10011243454
distinctive impact that tourism plays in the determination of the real exchange rate in tourism-driven economies. …
Persistent link: https://www.econbiz.de/10011243552
to the rest of the Caribbean. Tourism accounts for three-fifths of exports, and the import content of consumption and …
Persistent link: https://www.econbiz.de/10011243588
stability improved in 2013. A robust rise in tourism earnings supported growth, as well as a reduction in the current account …
Persistent link: https://www.econbiz.de/10011243591
weakened markedly, particularly in tourism and foreign direct investment (FDI)-related construction, the drivers of growth in … recent years. The drop-off in tourism receipts, FDI, and other capital flows could lead to a worsening of the balance …
Persistent link: https://www.econbiz.de/10011244309
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Persistent link: https://www.econbiz.de/10011244924