St. Vincent and the Grenadines.
Material type: TextSeries: IMF Staff Country Reports, Country Report ; No. 05/227Publication details: Washington, D.C. : International Monetary Fund, 2005Description: 1 online resource (55 p.)ISBN: 1451839995 :ISSN: 1934-7685Subject(s): Article IV Consultation Reports | Budget Deficits | Debt Sustainability Analysis | Economic Growth | Economic Indicators | Exchange SystemsAdditional physical formats: Print Version:: St. Vincent and the GrenadinesOnline resources: IMF e-Library | IMF Book Store Abstract: St. Vincent and the Grenadines's 2003 Article IV Consultation reports that it had moderate levels of public sector debt and debt service during the 1990s. To reduce growth volatility, since the mid-1990s, the government has attempted to implement an economic diversification program supported by major public investments. The cornerstone of the economic diversification program has been structural reforms in the agricultural sector, aimed not only at promoting nonbanana crops, but also at increasing the productivity of the banana sector.St. Vincent and the Grenadines's 2003 Article IV Consultation reports that it had moderate levels of public sector debt and debt service during the 1990s. To reduce growth volatility, since the mid-1990s, the government has attempted to implement an economic diversification program supported by major public investments. The cornerstone of the economic diversification program has been structural reforms in the agricultural sector, aimed not only at promoting nonbanana crops, but also at increasing the productivity of the banana sector.
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