Eastern Caribbean Currency Union [electronic resource] : Staff Report for the 2004 Regional Surveillance.
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TextSeries: IMF Staff Country Reports; Country Report ; No. 04/299Publication details: Washington, D.C. : International Monetary Fund, 2004Description: 1 online resource (63 p.)ISBN: 1451811659 :ISSN: 1934-7685Subject(s): Debt | Financial Sector | Interest | Public Debt | Public Sector | Antigua and Barbuda | Saint Vincent and the GrenadinesAdditional physical formats: Print Version:: Eastern Caribbean Currency Union : Staff Report for the 2004 Regional SurveillanceOnline resources: IMF e-Library | IMF Book Store Abstract: The staff report for the 2004 Regional Surveillance on the Eastern Caribbean Currency Union (ECCU) focuses on the economic developments and near-term prospects. The fiscal position of the governments in the region has deteriorated sharply in recent years and resulted in a marked increase in public sector debt. Efforts in the region have focused on strengthening the supervisory and regulatory regimes in both the domestic banking sector and the offshore financial sector. Enhanced regional cooperation could also help broaden markets and provide opportunities to achieve economies of scale.
The staff report for the 2004 Regional Surveillance on the Eastern Caribbean Currency Union (ECCU) focuses on the economic developments and near-term prospects. The fiscal position of the governments in the region has deteriorated sharply in recent years and resulted in a marked increase in public sector debt. Efforts in the region have focused on strengthening the supervisory and regulatory regimes in both the domestic banking sector and the offshore financial sector. Enhanced regional cooperation could also help broaden markets and provide opportunities to achieve economies of scale.
Description based on print version record.
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