St. Vincent and the Grenadines [electronic resource] : 2009 Article IV Consultation and Request for Disbursement Under the Rapid-Access Component of the Exogenous Shocks Facility: Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for St. Vincent and the Grenadines.

International Monetary Fund
Washington, D.C. : International Monetary Fund, 2009.
IMF eLibrary
IMF Staff Country Reports; Country Report No. 09/181.
IMF Staff Country Reports; Country Report No. 09/181
Government document
1 online resource (77 p.)
Local subjects:
Account deficits.
Article IV consultation reports.
Balance of payments.
Bank supervision.
Budget process.
Budget support.
Capital expenditure.
Capital expenditures.
Central bank.
Central banks.
Commercial borrowing.
Currency board.
Current account.
Current account adjustment.
Current account balance.
Current account deficit.
Current account deficits.
Cyclical fiscal policy.
Debt burden.
Debt burdens.
Debt dynamics.
Debt ratios.
Debt service.
Debt servicing.
Debt stock.
Debt structure.
Debt sustainability.
Debt sustainability analysis.
Debt sustainability objectives.
Domestic borrowing.
Domestic debt.
Domestic financing.
Domestic growth.
Economic growth.
Economic indicators.
Exogenous Shocks Facility.
External debt.
External debt service.
External financing.
External public debt.
External shock.
Fiscal affairs.
Fiscal affairs department.
Fiscal balance.
Fiscal consolidation.
Fiscal data.
Fiscal deficit.
Fiscal developments.
Fiscal impact.
Fiscal measures.
Fiscal policies.
Fiscal policy.
Fiscal position.
Fiscal reform.
Fiscal reforms.
Fiscal risks.
Fiscal scenarios.
Fiscal space.
Fiscal target.
Fiscal vulnerabilities.
Global liquidity.
Government debt.
Government expenditure.
Government revenue.
Government spending.
Nonbank financial sector.
Primary deficit.
Private debt.
Public debt.
Public sector debt.
Risk management.
Staff Reports.
Tax administration.
Tax base.
Tax policy.
Tax rates.
Tax reform.
Tax reforms.
Tax revenue.
Tax revenues.
Saint Vincent and the Grenadines.
St. Vincent and the Grenadines’s financial system has been largely unaffected by the global financial crisis. The report examines St. Vincent and the Grenadines 2009 Article IV Consultation and request for Disbursement under the Rapid-Access Component of the Exogenous Shocks Facility. The global economic downturn has led to a significant decline in tourism, which worsened the balance of payments position and, together with lower foreign direct investment and construction activity, led to a sharp output slowdown in 2008.
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