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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
that the growth outlook is improving with major tourism projects getting back on course, although a slow recovery is only …
Persistent link: https://www.econbiz.de/10011244852
identified. This revenue could help strengthen the state while maintaining growth potential, especially in the tourism and …
Persistent link: https://www.econbiz.de/10011244974
The staff report for Vanuatu’s 2009 Article IV Consultation discusses economic developments and policies. Vanuatu is well placed to take countercyclical measures should growth slow more than expected. Although close monitoring of banks is necessary given the rapid growth in the private...
Persistent link: https://www.econbiz.de/10011245100
for tourism is also improving. The reconstruction from a recent cyclone is expected to lead to both a temporary boost to … existing ad hoc tax incentives is well placed. The promotion of foreign direct investments should focus on business …
Persistent link: https://www.econbiz.de/10011245232
The 2011 Article IV Consultation highlights that low growth is expected for Montserrat in 2011 after sharp output contractions in 2009–10. Stress in the financial sector and slower-than-expected development of major capital investment projects continue to limit prospects for growth....
Persistent link: https://www.econbiz.de/10011245356
construction and tourism. Inflation moderated to 2¾ percent (annual average) in FY2013 thanks to stable international food and …2014 and to 2¼–2½ percent over the medium term driven by the recovery in tourism and infrastructure developments. …
Persistent link: https://www.econbiz.de/10011245379
reflects developments in the tourism sector, has improved since mid-2000 reaching a balanced position in 2012. The overall CA … 2012, it recorded a surplus of 5 percent of GDP. In 2013, real output is projected to grow by 1¼ percent. Robust tourism …
Persistent link: https://www.econbiz.de/10011245459
public debt and debt servicing payments continue to rise. Tourism accounts for more than three-fourths of exports, and the …
Persistent link: https://www.econbiz.de/10011245547
-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