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St. Vincent and the Grenadines: 2016 Article IV Consultation-Press Release; Staff Report

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  • International Monetary Fund

Abstract

This 2016 Article IV Consultation highlights that St. Vincent and the Grenadines’ recovery from the global financial crisis was hampered by a series of natural disasters, sluggish global demand, and slow implementation of key infrastructure projects. Economic activity appears to have recovered in 2015, led by strong tourism inflows and a rebound in construction. Inflation has trended down owing to falling food and fuel prices. The new airport, now foreseen for completion in 2016, is expected to sustain the near- and medium-term economic growth. Real GDP is projected to expand by 2.2 percent in 2016 and reach 3.1 percent over the medium term.

Suggested Citation

  • International Monetary Fund, 2016. "St. Vincent and the Grenadines: 2016 Article IV Consultation-Press Release; Staff Report," IMF Staff Country Reports 2016/243, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2016/243
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    Cited by:

    1. Stephen Johnson, 2019. "Neorealism and the Organization of American States (OAS): An Examination of CARICOM Rationality Toward Venezuela and the United States," SAGE Open, , vol. 9(4), pages 21582440198, November.

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