St. Vincent and the Grenadines [electronic resource] : Request for Disbursement Under the Rapid Credit Facility.

By: International Monetary FundMaterial type: TextTextSeries: IMF Staff Country Reports; Country Report ; No. 11/349Publication details: Washington, D.C. : International Monetary Fund, 2011Description: 1 online resource (55 p.)ISBN: 1463929196 :ISSN: 1934-7685Subject(s): Balance of Payments | Current Account | Hurricane | Reconstruction | Saint Vincent and the GrenadinesAdditional physical formats: Print Version:: St. Vincent and the Grenadines : Request for Disbursement Under the Rapid Credit FacilityOnline resources: IMF e-Library | IMF Book Store Abstract: The Executive Board of the IMF has approved a disbursement of an amount equivalent to SDR 2.075 million under the Rapid Credit Facility for St. Vincent and the Grenadines to help the country manage the economic impact of Hurricane Tomas. The Board's approval enables the immediate disbursement of the full amount. The late-October 2010 hurricane inflicted significant damage to agriculture, housing, and infrastructure. The initial assessment conducted by the government estimated the cost of damage at 5 percent of gross domestic product.
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The Executive Board of the IMF has approved a disbursement of an amount equivalent to SDR 2.075 million under the Rapid Credit Facility for St. Vincent and the Grenadines to help the country manage the economic impact of Hurricane Tomas. The Board's approval enables the immediate disbursement of the full amount. The late-October 2010 hurricane inflicted significant damage to agriculture, housing, and infrastructure. The initial assessment conducted by the government estimated the cost of damage at 5 percent of gross domestic product.

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