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Antigua and Barbuda.

Author: International Monetary Fund Western Hemisphere Dept
Publisher: Washington : International Monetary Fund, 2013.
Series: IMF Staff Country Reports.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
Antigua and Barbuda: Staff Report for the 2012 Article IV Consultation, Seventh Review under the Stand-By Arrangement and Financing Assurances Review, Request for Waiver of Nonobservance of Performance Criterion and Request for Waiver of Applicability.
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Hemisphere Dept., International Monetary Fund. Western.
Antigua and Barbuda: Staff Report for the 2012 Article IV Consultation, Seventh Review under the Stand-By Arrangement and Financing Assurances Review, Request for Waiver of Nonobservance of Performance Criterion and Request for Waiver of Applicability.
Washington : International Monetary Fund, ©2013
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: International Monetary Fund Western Hemisphere Dept
ISBN: 9781484388488 1484388488 9781484342596 1484342593
OCLC Number: 876510584
Description: 1 online resource (85 pages).
Contents: Cover; EXECUTIVE SUMMARY; CONTENTS; CONTEXT; ECONOMIC AND POLITICAL DEVELOPMENTS; OUTLOOK AND RISKS; PROGRAM PERFORMANCE AND REVIEW; A. ABIB Resolution and Financial Sector Measures; B. Fiscal Policy; C. Structural Reforms; D. Debt Management; MEDIUM-TERM POLICY DISCUSSIONS; A. Growth and Competitiveness; BOXES; 1. Antigua and Barbuda has Lost Ground in Tourism; 2. Exchange Rate and Unit Labor Cost Analyses Point to Overvaluation; B. Fiscal Consolidation and Debt Sustainability; 3. Contingent Liabilities from SOEs are a Major Source of Fiscal Risk; C. Financial Sector Stability. 4. Recent Bank Failures Point to the Need for ReformPROGRAM ISSUES; STAFF APPRAISAL; FIGURES; 1. External and Domestic Shocks Caused the Worst Recession in Antigua's History; 2. Fiscal Consolidation has Progressed, but Large Challenges Remain; 3. Antigua and Barbuda has Been Losing External Competitiveness; 4. The Fragile Indigenous Banking System was Hit Hard by the Crisis; TABLES; 1. Quantitative Performance Criteria and Indicative Targets; 2. Structural Benchmarks; 3. Selected Economic and Financial Indicators, 2005-13; 4. Central Government Operations, 2009-20. 4A. Quarterly Indicators of Central Government Operations, 2010-125. Central Government Operations, 2009-20; 6. Balance of Payments, 2008-17; 7. Monetary Survey, 2005-13; 8. Structure of Public Sector Debt, 2007-11; 9. Selected Indicators of Vulnerability, 2006-11; 10. External Financing Requirements and Sources, 2008-17; 11. Schedule of Reviews; 12. Indicators of Capacity to Repay the Fund, 2008-18; APPENDIX; 1. Risk Assessment Matrix; ANNEXES; I. Letter of Intent; Attachments; I. Memorandum of Economic and Financial Policies; II. Technical Memorandum of Understanding. II. Debt Sustainability AnalysisIII. Informational Annex Summary; CONTENTS; I. Fund Relations; II. Relations with the World Bank Group; III. Relations with the Caribbean Development Bank (CDB); IV. Statistical Issues.
Series Title: IMF Staff Country Reports.

Abstract:

Antigua and Barbuda: Staff Report for the 2012 Article IV Consultation, Seventh Review under the Stand-By Arrangement and Financing Assurances Review, Request for Waiver of Nonobservance of Performance Criterion and Request for Waiver of Applicability.

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