Annex 1: Country Profile ANTIGUA AND BARBUDA
|
|
- Ashlyn Allison
- 6 years ago
- Views:
Transcription
1 ANTIGUA AND BARBUDA Annex 1: Country Profile Population: 79, (23) GNI per capita: US$9,95 (24 est. Atlas methodology) 1. Profile. Antigua and Barbuda is a three-island economy (Redonda is the third) which accounts for about 25 percent of the combined Eastern Caribbean Currency Union GDP. Antigua, the largest island, has a dry climate and a large number of white sand beaches. The cultivation of sugar that started in the late 16 s was abandoned in Aside from tourism the island s most important industry Antigua and Barbuda s economy depends heavily on the service sector, particularly offshore services. The unemployment rate is estimated at 7 percent, poverty is estimated to be relatively low, with a headcount index of 12 percent, but social indicators do not reflect the high per capita income. Adult literacy attainment, for example, lags the other OECS countries. The 24 UNDP Human Development Report ranks Antigua 55 th, out of 174 countries. 2. Political Context. Independence: 1981 Next election: 29. In March 24, the United Progressive Party won a landslide victory in the general elections, ending the political dynasty of the Bird family, which had dominated the country s politics for more than half a century and run a populist, non-transparent regime, during which there was a severe erosion of governance and policy slippage. Antigua and Barbuda is currently not a borrowing member of the Bank due to creditworthiness issues and its high per capita income. It has, however, benefited from economic and sector work, and regional analytical work undertaken across the OECS sub-region and the wider Caribbean region. The new administration has recently made overtures to the donor community (including the World Bank) for assistance in the area of macroeconomic management. 3. Economic Developments and Prospects. Rapid private sector-led growth in the 198s, mainly tourism-sector driven, gave way to public sector-led growth, accompanied by deteriorating institutions and broad fiscal mismanagement. As in the other OECS countries, growth slowed down considerably in recent years due to a combination of exogenous shocks (natural disasters, the impact of the 9/11 events on tourism and tightened regulation of offshore activities) and policy slippages during the two Bird (father and son) administrations, including fiscal mismanagement and widespread governance issues. The public sector has been used as an employer of last resort, with the result that about 4 percent of the labor force is employed in the public sector and 6 percent of government revenues go to meet the wage bill, leaving little room for other expenditure. The large fiscal deficits that resulted were financed through arrears to both external creditors as well as domestic banks, suppliers and the social security system. Continued borrowing from select institutions, both domestic and external, was secured through earmarking tax revenues to pay debt service to creditors and through non-transparent loans (at end-23, almost 35 percent of revenues were estimated to be earmarked for debt service). Growth has strengthened since 23 due to a rebound in tourism, but fiscal imbalances remain very large and the debt stock is high. The public sector debt stock in 23 was estimated at 142 percent of GDP (external debt at 75 percent of GDP). Antigua and Barbuda s debt profile is somewhat different from the other OECS countries. Multilateral debt is negligible and there is no debt outstanding to the World Bank Group. Debt sustainability analysis by the IMF shows that under a passive scenario, with no adjustment, the public debt would rise to over 157 percent of GDP by 29. However, it is unlikely that Antigua and Barbuda would find the financing required by this scenario. A strong fiscal adjustment, as detailed in the attached table, would lead to the public sector debt ratio to GDP coming down to 86 percent of GDP by 29. However, this adjustment would require primary surpluses during 27-9 in the range of percent of GDP and a comprehensive debt restructuring. The new administration that took office in March 24 has shown commitment to address the country s problems but the challenges are significant. Fiscal imbalances and the level of external debt (including arrears) are high. The Government announced an ambitious fiscal reform in the 25 budget, including the re-introduction of a personal income tax (introduced in April 25) and of a modern system of property taxes (to become effective in January 26), and measures to curtail the growth in expenditures, including a significant downsizing of the public sector, together with the establishment of an adequate safety net. Also, the authorities recently announced in June that a VAT will be introduced in 26. At the same time, new 72
2 fiscal initiatives were introduced to stimulate growth and for social objectives, thus limiting the near term improvement in the fiscal accounts. Since fiscal adjustment alone would not be sufficient to bring debt to a manageable level, after taking office in March 24 the Government initiated a dialogue with creditors with a view to regularizing relations (most loans have been in arrears for several years). A major step included an agreement with the Italian Government to clear US$196 million (one third of external debt) through a bullet payment of US$18.5 million. Also, the authorities have requested assistance from donors to hire financial advisors to facilitate the debt restructuring process. A Debt Coordinating Committee was formed in mid-25 with representatives from the public and private sectors to facilitate this process. Even with a large fiscal adjustment and robust growth performance, the economy will remain vulnerable and public debt high for many years to come. In particular, the combination of high debt, susceptibility to external (economic and natural) shocks and a tourism dependent economy point to an unusually high level of risk. 73
3 Annex A2: Country at a Glance Antigua and Barbuda at a glance 8/5/5 Antigua Latin Upper- POVERTY and SOCIAL and America middle- Barbuda & Carib. income 23 Population, mid-year (millions) GNI per capita (Atlas method, US$) 9,33 3,26 5,34 GNI (Atlas method, US$ billions).72 1,741 1,788 Development diamond* Life expectancy Average Annual Growth Population (%) Labor force (%) Most recent estimate (latest year available, ) Poverty (% of population below national poverty line) Urban population (% of total population) Life expectancy at birth (years) Infant mortality (per 1, live births) Child malnutrition (% of children under 5) Access to an improved water source (% of population) Illiteracy (% of population age 15+) Gross primary enrollment (% of school-age population) Male Female GNI per capita Access to improved water source Antigua and Barbuda Upper-middle-income group Gross primary enrollment KEY ECONOMIC RATIOS and LONG-TERM TRENDS GDP (US$ billions) Exports of goods and services/gdp Economic ratios* Trade Current account balance/gdp Interest payments/gdp Total debt/gdp Domestic savings Investment (average annual growth) GDP GDP per capita Exports of goods and services Indebtedness Antigua and Barbuda Upper-middle-income group STRUCTURE of the ECONOMY Agriculture Industry Manufacturing Services Imports of goods and services Growth of investment and GDP (%) GDI GDP (average annual growth) Agriculture Industry Manufacturing Services Growth of exports and imports (%) Exports Imports * The diamonds show four key indicators in the country (in bold) compared with its income-group average. If data are missing, the diamond will b i l 74
4 Annex A2: Country at a Glance Antigua and Barbuda PRICES and GOVERNMENT FINANCE Domestic prices (% change) Consumer prices Implicit GDP deflator Government finance (% of GDP, includes current grants) Current revenue Current budget balance Overall surplus/deficit TRADE (US$ millions) Total exports (fob) Commodity Commodity Manufactures Total imports (cif) Food Fuel and energy Capital goods Inflation (%) Export and import levels (US$ mill.) GDP deflator CPI Exports Imports BALANCE of PAYMENTS (US$ millions) Exports of goods and services Imports of goods and services Resource balance Net income Net current transfers Current account balance Financing items (net) Changes in net reserves Memo: Reserves including gold (US$ millions) Conversion rate (DEC, local/us$) EXTERNAL DEBT and RESOURCE FLOWS (US$ millions) Total debt outstanding and disbursed IBRD.... IDA.... Total debt service IBRD.... IDA.... Current account balance to GDP (%) Composition of 23 debt (US$ mill.) D: 9 F: 234 E: 279 World Bank program Commitments.... Disbursements.... Principal repayments.... Net flows.... Interest payments.... Net transfers.... A - IBRD B - IDA C D - Other multilateral E - Bilateral F - Private G S 75
5 Antigua and Barbuda Social Indicators Annex B5: Poverty and Social Indicators Latest single year Same region/income group Latin Upper- America middle & Carib. income POPULATION Total population, mid-year (millions) Growth rate (% annual average for period) Urban population (% of population) Total fertility rate (births per woman) POVERTY (% of population) National headcount index Urban headcount index Rural headcount index INCOME GNI per capita (US$).. 3,1 9,17 3,26 5,34 Consumer price index (1995=1) Food price index (1995=1) INCOME/CONSUMPTION DISTRIBUTION Gini index Lowest quintile (% of income or consumption) Highest quintile (% of income or consumption) SOCIAL INDICATORS Public expenditure Health (% of GDP) Education (% of GNI) Social security and welfare (% of GDP) Net primary school enrollment rate (% of age group) Total Male Female Access to an improved water source (% of population) Total Urban Rural Immunization rate (% of children ages months) Measles DPT Child malnutrition (% under 5 years) Life expectancy at birth (years) Total Male Female Mortality Infant (per 1, live births) Under 5 (per 1,) Adult (15-59) Male (per 1, population) Female (per 1, population) Maternal (per 1, live births) Births attended by skilled health staff (%) CAS Annex B5. This table was produced from the CMU LDB system. 4/13/5 Note: or. means zero or less than half the unit shown. Net enrollment rate: break in series between 1997 and 1998 due to change from ISCED76 to ISCED97. Immunization: refers to children ages months who received vaccinations before one year of age. 76
6 Annex B6: Key Economic Indicators Antigua and Barbuda - Key Economic Indicators a Actual Estimate Projected Indicator National accounts (as % of GDP) Gross domestic product b Agriculture Industry Services Memorandum items Gross domestic product (US$ million at current prices) GNI per capita (US$, Atlas method) Real annual growth rates (%, calculated from 199 prices) Gross domestic product at factor cost Real annual per capita growth rates (%) Gross domestic product at factor cost Balance of Payments (US$ millions) Trade Balance Merchandise Exports FOB Merchandise Imports FOB Tourist receipts Net current transfers Current account balance Net private foreign direct investment Change in reserves e Memorandum items Resource balance (% of GDP) (Continued) 77
7 Annex B6: Key Economic Indicators Antigua and Barbuda - Key Economic Indicators (Continued) Actual Estimate Projected Indicator Public finance (as % of GDP at market prices) e Total revenues and grants Total expenditures and net lending Central government overall balance Capital expenditure Primary balance Monetary indicators M2/GDP Growth of M2 (%) Consumer price index (% change, average) a. Projections for 25-9 are based on an adjustment scenario including regularizing the stock of total arrears in 25 through issuing long-term bonds. b. GDP at factor cost c. "GNFS" denotes "goods and nonfactor services." d. Includes net unrequited transfers excluding official capital grants. e. Includes use of IMF resources. f. Consolidated central government. g. "LCU" denotes "local currency units." An increase in US$/LCU denotes appreciation. 78
8 Antigua and Barbuda - Key Exposure Indicators Annex B7: Key Exposure Indicators Actual Estimate Projected Indicator Total debt outstanding and disbursed (TDO) (US$m) a External Debt (US$) Debt and debt service indicators (%) External public debt/gdp (of which: arrears)/gdp TDO/GDP IBRD exposure indicators (%) IBRD TDO (US$m) d IDA TDO (US$m) d IFC (US$m) Loans Equity and quasi-equity /c MIGA MIGA guarantees (US$m) a. Includes public and publicly guaranteed debt, private nonguaranteed, use of IMF credits and net shortterm capital. b. "XGS" denotes exports of goods and services, including workers' remittances. c. Preferred creditors are defined as IBRD, IDA, the regional multilateral development banks, the IMF, and the Bank for International Settlements. d. Includes present value of guarantees. e. Includes equity and quasi-equity types of both loan and equity instruments. 79
ANNEX D. Marshall Islands at a Glance
ANNEX D. Marshall Islands at a Glance 4/28/5 East Lower- POVERTY and SOCIAL Marshall Asia & middle- Islands Pacific income 24 Population, mid-year (millions).5 1,855 2,655 GNI per capita (Atlas method,
More informationANNEX C. Kiribati at a Glance
ANNEX C. Kiribati at a Glance 4/27/5 East Lower- POVERTY and SOCIAL Asia & middle- Kiribati Pacific income 24 Population, mid-year (millions).1 1,855 2,655 GNI per capita (Atlas method, US$) 97 1,8 1,48
More informationANNEX B. Federated States of Micronesia at a Glance
ANNEX B. at a Glance 4/27/5 East Lower- POVERTY and SOCIAL Micronesia, Asia & middle- Fed. Sts. Pacific income 24 Population, mid-year (millions).13 1,855 2,655 GNI per capita (Atlas method, US$) 1,99
More informationAnnex 1: Country Profile ST. LUCIA
Annex 1: Country Profile ST. LUCIA Population: 161,000 (2003) GNI per capita: US$4,300 (2004 est. Atlas methodology) 1. Profile. St. Lucia is the most densely populated of the four Windward Islands. The
More informationANNEX F. Samoa at a Glance
ANNEX F. Samoa at a Glance 4/27/05 East Lower- POVERTY and SOCIAL Asia & middle- Samoa Pacific income 2004 Population, mid-year (millions) 0.18 1,855 2,655 GNI per capita (Atlas method, US$) 1,860 1,080
More information- 1 - Table 1. Cambodia: Policy Framework Paper Matrix,
- 1 - Table 1. Cambodia: Framework Paper Matrix, 1. Fiscal Reform Generate additional revenue of 4 percent of GDP over four years to 2002. a. Broaden revenue base. Review mechanism for timber royalties,
More informationVenezuela Country Brief
Venezuela Country Brief Venezuela is rich in natural resources, but poor economic policies over the past two decades have led to disappointed economic performance. A demand-led temporary boom in growth
More informationBeneficiary View. Cameroon - Total Net ODA as a Percentage of GNI 12. Cameroon - Total Net ODA Disbursements Per Capita 120
US$ % of GNI Beneficiary View Cameroon - Official Development Assistance (OECD/DAC Data) Source: OECD/DAC Database by Calendar Year (as of 2/2/213) unless noted. Cameroon - Total Net ODA as a Percentage
More informationBolivia at a glance 12/14/03
Annex A1 Bolivia at a glance 12/14/03 Latin Lower- POVERTY and SOCIAL America middle- Bolivia & Carib. income 2002 Population, mid-year (millions) 8.7 527 2,411 GNI per capita (Atlas method, US$) 910 3,280
More informationAzerbaijan Country Assistance Evaluation
Report No. 21459 Azerbaijan Country Assistance Evaluation November 30, 2000 Operations Evaluation Department Document of the World Bank Acronyms CAS ESW IFC MIGA OED Country Assistance Strategy Economic
More informationAppendix 2 Basic Check List
Below is a basic checklist of most of the representative indicators used for understanding the conditions and degree of poverty in a country. The concept of poverty and the approaches towards poverty vary
More informationCountry Report of Yemen for the regional MDG project
Country Report of Yemen for the regional MDG project 1- Introduction - Population is about 21 Million. - Per Capita GDP is $ 861 for 2006. - The country is ranked 151 on the HDI index. - Population growth
More informationItem
Key Indicators for Asia and the Pacific 2015 1 POPULATION Total population million; as of 1 July 73.73 74.88 76.02 77.11 78.12 79.08 80.00 80.95 81.91 82.85 84.22 85.12 86.03 86.93 87.84 88.77 89.71 90.73
More informationInternational Monetary Fund Washington, D.C.
2008 International Monetary Fund October 2008 IMF Country Report No. 08/330 St. Lucia: Statistical Appendix This Statistical Appendix for St. Lucia was prepared by a staff team of the International Monetary
More informationThe Gambia: Joint Bank-Fund Debt Sustainability Analysis
1 December 26 The Gambia: Joint Bank-Fund Debt Sustainability Analysis 1. This debt sustainability analysis (DSA), prepared jointly by the staffs of the International Monetary Fund and the World Bank,
More information- 1 - Table 1. The Gambia: Summary and Timetable of Macroeconomic and Structural Adjustment Policies,
- 1 - A. External sector policies 1. Exchange rate Promote efficient resource allocation and diversification of the economy. 2. External trade Further liberalize trade regime to promote private sector
More informationInternational Monetary Fund Washington, D.C.
2008 International Monetary Fund July 2008 IMF Country Report No. 08/226 Antigua and Barbuda: Statistical Appendix This Statistical Appendix for Antigua and Barbuda was prepared by a staff team of the
More informationInternational Monetary Fund Washington, D.C.
2008 International Monetary Fund February 2008 IMF Country Report No. 08/68 St. Lucia: Statistical Appendix This Statistical Appendix paper for St. Lucia was prepared by a staff team of the International
More informationItem
Key Indicators for Asia and the Pacific 2015 1 POPULATION Total population a thousand; as of 1 July 387.0 397.8 409.0 418.6 428.5 438.5 448.8 459.4 470.1 481.2 492.5 504.0 515.9 528.0 540.4 553.1 566.0
More informationSECTION - 13: DEVELOPMENT INDICATORS FOR CIRDAP AND SAARC COUNTRIES
Development Indicators for CIRDAP And SAARC Countries 485 SECTION - 13: DEVELOPMENT INDICATORS FOR CIRDAP AND SAARC COUNTRIES The Centre for Integrated Rural Development for Asia and the Pacific (CIRDAP)
More informationItem
Key Indicators for Asia and the Pacific 2010 POPULATION Total population a million; as of 1 July 8.6 8.8 9.0 9.5 10.0 10.5 11.0 11.6 12.1 12.3 12.5 12.7 12.9 13.1 13.3 13.5 13.6 13.8 14.0 14.2 Population
More informationMOROCCO STATISTICAL SNAPSHOT
MOROCCO STATISTICAL SNAPSHOT 2016 ABOUT THE SNAPSHOT The Morocco Statistical Snapshot presents the main development and economic data and key indicators under the following topics: demography, education,
More informationMonitoring the progress of graduated countries Cape Verde
CDP/RM Committee for Development Policy Expert Group Meeting Review of the list of Least Developed Countries New York, 16-17 January 2011 Monitoring the progress of graduated countries Cape Verde Background
More informationOthers b Unemployed Unemployment rate percent
POPULATION Total population thousand; as of 1 March 213.2 223.3 230.8 238.4 240.0 244.8 250.0 255.5 261.0 266.0 270.1 276.0 280.6 285.1 289.5 293.7 299.0 304.9 * 309.6 * Population density persons per
More informationSECTION - 13: DEVELOPMENT INDICATORS FOR CIRDAP AND SAARC COUNTRIES
Development Indicators for Cirdap and Saarc Countries 379 SECTION - 13: DEVELOPMENT INDICATORS FOR CIRDAP AND SAARC COUNTRIES The Centre for Integrated Rural Development for Asia and the Pacific (CIRDAP)
More informationInternational Monetary Fund Washington, D.C.
2011 International Monetary Fund September 2011 IMF Country Report No. 11/278 January 8, 2009 G January 28, 2009 St. Lucia Request for Disbursement under the Rapid Credit Facility and Emergency Natural
More informationEASTERN CARIBBEAN CURRENCY UNION (ECCU) 1. General trends
Economic Survey of Latin America and the Caribbean 2016 1 EASTERN CARIBBEAN CURRENCY UNION (ECCU) 1. General trends Overall economic growth in the six ECCU members that are also members of ECLAC slowed
More informationREPUBLIC OF UGANDA COVER NOTE TO ACCOMPANY THE UGANDA JOINT ASSISTANCE STRATEGY
AFRICAN DEVELOPEMENT BANK AFRICAN DEVELOPMENT FUND REPUBLIC OF UGANDA COVER NOTE TO ACCOMPANY THE UGANDA JOINT ASSISTANCE STRATEGY COUNTRY OPERATIONS DEPARTMENT NORTH, EAST &SOUTH TABLE OF CONTENTS A.
More informationINTERNATIONAL DEVELOPMENT ASSOCIATION AND INTERNATIONAL MONETARY FUND RWANDA. Joint IMF/World Bank Debt Sustainability Analysis
INTERNATIONAL DEVELOPMENT ASSOCIATION AND INTERNATIONAL MONETARY FUND RWANDA Joint IMF/World Bank Debt Sustainability Analysis Prepared by the Staffs of the International Monetary Fund and the International
More informationDOCUMENT OF INTERNATIONAL MONETARY FUND AND FOR OFFICIAL USE ONLY. SM/07/347 Supplement 1
DOCUMENT OF INTERNATIONAL MONETARY FUND AND FOR OFFICIAL USE ONLY FOR AGENDA SM/07/347 Supplement 1 November 5, 2007 To: From: Subject: Members of the Executive Board The Secretary Myanmar Staff Report
More informationAfghanistan: Transition to Transformation Update. January 29, 2014 JCMB Meeting. The World Bank
Afghanistan: Transition to Transformation Update January 29, 2014 JCMB Meeting The World Bank 1 Outline Outline Progress and Challenges Key Messages from Tokyo and Transition Report Recent Economic and
More informationInternational Monetary Fund Washington, D.C.
2006 International Monetary Fund September 2006 IMF Country Report No. 06/326 St. Lucia: Statistical Appendix This Statistical Appendix for St. Lucia was prepared by a staff team of the International Monetary
More informationWorld Economic Situation and Prospects asdf
World Economic Situation and Prospects 2016 asdf United Nations New York, 2016 Table of Contents xi Table of contents Acknowledgements... Explanatory notes... Executive summary... iii iv v Chapter I Global
More informationYEMEN E CONOMIC M ONITORING R EPORT
Public Disclosure Authorized THE WORLD BANK SOCIAL AND ECONOMIC DEVELOPMENT GROUP THE WORLD BANK OFFICE IN SANAA MIDDLE EAST NORTH AFRICA REGION YEMEN E CONOMIC M ONITORING R EPORT Public Disclosure Authorized
More informationItem
256 POPULATION Total population million; as of 1 July 42.9 45.1 47.0 47.6 47.9 48.0 48.1 48.3 Population density persons per square kilometer 432 454 473 487 490 492 494 487 Population annual change, %
More informationSTAFF REPORT FOR THE 2017 ARTICLE IV CONSULTATION DEBT SUSTAINABILITY ANALYSIS
December 19, 217 STAFF REPORT FOR THE 217 ARTICLE IV CONSULTATION DEBT SUSTAINABILITY ANALYSIS Approved By Odd Per Brekk (IMF) and John Panzer (IDA) Prepared by the staff of the International Monetary
More informationMonitoring of Graduating Countries from the Least Developed Country Category: Equatorial Guinea
Monitoring of Graduating Countries from the Least Developed Country Category: Equatorial Guinea Committee for Development Policy UN Headquarters, New York 23 27 March 2015 1 I. Background Equatorial Guinea
More information(January 2016). The fiscal year for Rwanda is from July June; however, this DSA is prepared on a calendar
May 25, 216 RWANDA FIFTH REVIEW UNDER THE POLICY SUPPORT INSTRUMENT AND REQUEST FOR EXTENSION, AND REQUEST FOR AN ARRANGEMENT UNDER THE STANDBY CREDIT FACILITY DEBT SUSTAINABILITY ANALYSIS Approved By
More informationSingapore. Key Indicators for Asia and the Pacific Item
Key Indicators for Asia and the Pacific 2012 1 POPULATION Total population a million; as of 1 July 3.52 4.03 4.27 4.59 4.84 4.99 5.08 5.18 Population density persons per square kilometer 5443 5900 6112
More informationUNCTAD S LDCs REPORT 2013 Growth with Employment for Inclusive & Sustainable Development
UNCTAD S LDCs REPORT 2013 Growth with Employment for Inclusive & Sustainable Development Media briefing on the Occasion of the Global Launch Dhaka: 20 November 2013 Outline q q q q q q q Information on
More informationEXTERNAL PUBLIC DEBT OF CARICOM MEMBER STATES
EXTERNAL PUBLIC DEBT OF CARICOM MEMBER STATES 1990-2000 PREPARED AND COMPILED BY: STATISTICS SUB-PROGRAMME INFORMATION AND COMMUNICATION PROGRAMME CARIBBEAN COMMUNITY (CARICOM) SECRETARIAT GEORGETOWN,
More informationItem
last updated through SDBS on 30 September 2015 1 POPULATION Total population million; as of 1 July 21.6 21.8 22.0 22.2 22.3 22.5 22.6 22.6 22.7 22.8 22.9 23.0 23.1 23.1 23.2 23.3 23.3 23.4 Population density
More informationREPUBLIC OF THE MARSHALL ISLANDS
REPUBLIC OF THE MARSHALL ISLANDS December 19, 213 STAFF REPORT FOR THE 213 ARTICLE IV CONSULTATION DEBT SUSTAINABILITY ANALYSIS Approved By Stephan Danninger, Ranil Salgado, Jeffrey D. Lewis and Sudhir
More information2012/13 THE LITTLE DATA BOOK ON AFRICA
2012/13 THE LITTLE DATA BOOK ON AFRICA 2013 International Bank for Reconstruction and Development / The World Bank 1818 H Street NW, Washington DC 20433 Telephone: 202-473-1000; Internet: www.worldbank.org
More informationMAURITANIA STATISTICAL SNAPSHOT
MAURITANIA STATISTICAL SNAPSHOT 2016 ABOUT THE SNAPSHOT The Mauritania Statistical Snapshot presents the main development and economic data and key indicators under the following topics: demography, education,
More informationINTERNATIONAL MONETARY FUND DOMINICA. Debt Sustainability Analysis. Prepared by the staff of the International Monetary Fund
INTERNATIONAL MONETARY FUND DOMINICA Debt Sustainability Analysis Prepared by the staff of the International Monetary Fund In consultation with World Bank Staff July 2, 27 This debt sustainability analysis
More informationThe Sustainable Development Goals
The Sustainable Development Goals Reality & Prospects Mahmoud Mohieldin, Senior Vice President World Bank Group Mahmoud Mohieldin March 13 th, 2017 Global Context Global Economy GDP Growth (Percent) 5
More informationJordan Country Brief 2011
Jordan Country Brief 2011 CONTEXT The Hashemite Kingdom of Jordan is an upper middle income country with a population of 6 million and a per-capita GNI of US $4,390. Jordan s natural resources are potash
More informationJoint Bank-Fund Debt Sustainability Analysis 2018 Update
INTERNATIONAL DEVELOPMENT ASSOCIATION INTERNATIONAL MONETARY FUND GRENADA Joint Bank-Fund Debt Sustainability Analysis 218 Update Prepared jointly by the staffs of the International Development Association
More informationCape Verde: Joint Bank-Fund Debt Sustainability Analysis 1 2
September 26 Cape Verde: Joint Bank-Fund Debt Sustainability Analysis 1 2 Cape Verde s debt level has increased in recent years. Despite the rising cost of servicing this debt, the country s external sustainability
More informationTHE LITTLE DATA BOOK ON AFRICA
Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Africa 12-2-08.indd 1 2008 46950 THE LITTLE DATA BOOK ON AFRICA 12/2/08 12:20:16 P Copyright
More informationhy does Malawi Wneed good statistics?
hy does Malawi Wneed good statistics? Fisherman on Shire River Liwonde. Enumerators taking field measurements during the 2007 National Census of Agric ulture and Livestock. Photos: NSO Staff Background
More informationViet Nam GDP growth by sector Crude oil output Million metric tons 20
Viet Nam This economy is weathering the global economic crisis relatively well due largely to swift and strong policy responses. The GDP growth forecast for 29 is revised up from that made in March and
More informationHong Kong, China. Key Indicators for Asia and the Pacific 2017
Key Indicators for Asia and the Pacific 2017 1 POPULATION a Total population b million; as of 1 July 6.665 6.714 6.744 6.731 6.784 6.813 6.857 6.916 6.958 6.973 7.024 7.072 7.150 7.179 7.230 7.291 7.337
More informationMyanmar. Key Indicators for Asia and the Pacific Item
Key Indicators for Asia and the Pacific 2017 1 POPULATION a Total population million; as of 1 October 46.1 46.6 47.1 47.6 48.1 48.5 48.8 49.2 49.5 49.8 50.2 50.6 51.0 51.4 52.0 52.5 52.9 Population density
More informationECON 450 Development Economics
ECON 450 Development Economics Comparative Economic Development University of Illinois at Urbana-Champaign Summer 2017 Outline 1 Defining the Developing World 2 Indicators of The New Human Development
More informationResources mobilization for the implementation of the Brussels Programme of Action:
Resources mobilization for the implementation of the Brussels Programme of Action: The Experiences of Timor-Leste Presented by: Aicha Bassarewan, Vice Minister of Planning & Finance, RDTL Haoliang Xu,
More informationSolomon Islands. Key Indicators for Asia and the Pacific 2018
1 POPULATION Total population a ( 000) 418.6 428.5 438.5 448.8 459.4 470.1 481.2 492.5 504.0 515.9 528.0 540.4 553.1 566.0 579.3 592.9 606.8 620.8 Population density (persons/km 2 ) 14 14 14 15 15 15 16
More informationINTERNATIONAL DEVELOPMENT ASSOCIATION AND INTERNATIONAL MONETARY FUND ISLAMIC REPUBLIC OF MAURITANIA
Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized INTERNATIONAL DEVELOPMENT ASSOCIATION AND INTERNATIONAL MONETARY FUND ISLAMIC REPUBLIC
More informationANNEX B Annex B 1 Annex B 2: Timor-Leste Selected Indicators* of Bank Portfolio Performance and Management As of Date 05/17/2005
ANNEX B Annex B 1 Annex B 2: Timor-Leste Selected Indicators* of Bank Portfolio Performance and Management As of Date 05/17/2005 Indicator 2002 2003 2004 2005 Portfolio Assessment Number of Projects Under
More informationGovernment of Grenada. Initial Financing Estimates, March 2014
Government of Grenada Table of Contents Overview...1 Economic Growth... 2 Reform Program...3 Fiscal Reform...5 Financial Stability... 10 Debt Stock and Service...11 Financing Projections... 13 Debt Restructuring
More informationMalaysia. Key Indicators for Asia and the Pacific Item
Key Indicators for Asia and the Pacific 2017 1 POPULATION Total population million; as of 1 July 23.49 24.03 24.54 25.04 25.54 26.05 26.55 27.06 27.57 28.08 28.59 29.06 29.51 29.92 30.60 31.20 31.66 Population
More informationBAHAMAS. 1. General trends
Economic Survey of Latin America and the Caribbean 2018 1 BAHAMAS 1. General trends Economic growth strengthened to 1.4% in 2017, compared with -1.7% in 2016. Activity was bolstered by growth in construction,
More informationEGYPT STATISTICAL SNAPSHOT
EGYPT STATISTICAL SNAPSHOT 2016 ABOUT THE SNAPSHOT The Egypt Statistical Snapshot presents the main development and economic data and key indicators under the following topics: demography, education, macroeconomy
More informationKorea, Republic of. Key Indicators for Asia and the Pacific Item
Key Indicators for Asia and the Pacific 2016 1 POPULATION Total population million; as of 1 July 47.0 47.4 47.6 47.9 48.0 48.1 48.4 48.6 48.9 49.2 49.4 49.8 50.0 50.2 50.4 50.6 Population density persons
More informationEl Salvador. 1. General trends. 2. Economic policy. Most macroeconomic indicators for El Salvador worsened in Real GDP increased by
Economic Survey of Latin America and the Caribbean 2008-2009 173 El Salvador 1. General trends Most macroeconomic indicators for El Salvador worsened in 2008. Real GDP increased by 2.5%, two percentage
More informationSOUTH ASIA. Chapter 2. Recent developments
SOUTH ASIA GLOBAL ECONOMIC PROSPECTS January 2014 Chapter 2 s GDP growth rose to an estimated 4.6 percent in 2013 from 4.2 percent in 2012, but was well below its average in the past decade, reflecting
More informationHong Kong, China. Key Indicators for Asia and the Pacific 2018
Key Indicators for Asia and the Pacific 2018 1 POPULATION a Total population as of 1 July (million) 6.7 6.7 6.7 6.7 6.8 6.8 6.9 6.9 7.0 7.0 7.0 7.1 7.2 7.2 7.2 7.3 7.3 7.4 Population density b (persons/km
More informationTable of contents. Acknowledgements... Explanatory notes... Executive summary...
Table of contents Acknowledgements... Explanatory notes... Executive summary... iii iv v Chapter I Global economic outlook... 1 Prospects for the world economy in 2014-2015... 1 Global growth continues
More informationItem
385 POPULATION Total population a thousand; as of 1 July 96.4 97.4 99.1 99.8 100.1 100.4 100.8 101.1 Population density persons per square kilometer 121 122 124 125 125 126 126 126 Population annual change,
More informationJOINT IMF/WORLD BANK DEBT SUSTAINABILITY
ZIMBABWE JOINT IMF/WORLD BANK DEBT SUSTAINABILITY May 5, 211 ANALYSIS 1 Approved By Mark Plant and Dominique Desruelle (IMF) Marcelo Giugale and Jeffery Lewis (IDA) Prepared by The International Monetary
More informationGuide for Country Report:
ECO 5360: Economic Development: Macro Spring 2018 Thomas Osang Guide for Country Report: The report should consist of four parts. Part I (2 pages) In part I you should present qualitative information that
More informationLIBYA STATISTICAL SNAPSHOT
LIBYA STATISTICAL SNAPSHOT 2016 ABOUT THE SNAPSHOT The Libya Statistical Snapshot presents the main development and economic data and key indicators under the following topics: demography, education, macroeconomy
More informationInternational Monetary Fund Washington, D.C.
2004 International Monetary Fund May 2004 IMF Country Report No. 04/153 Barbados: Statistical Appendix This Statistical Appendix for Barbados was prepared by a staff team of the International Monetary
More informationMarch 2007 KYRGYZ REPUBLIC: JOINT BANK-FUND DEBT SUSTAINABILITY ANALYSIS
March 27 KYRGYZ REPUBLIC: JOINT BANK-FUND DEBT SUSTAINABILITY ANALYSIS The staff s debt sustainability analysis (DSA) suggests that the Kyrgyz Republic s external debt continues to pose a heavy burden,
More informationDebt Burden and Fiscal Sustainability in the Caribbean Region IMF- Presentation
Debt Burden and Fiscal Sustainability in the Caribbean Region IMF- Presentation Trevor Alleyne Division Chief Caribbean I Division Western Hemisphere Department International Monetary Fund- IMF Meeting
More informationINTERNATIONAL DEVELOPMENT ASSOCIATION INTERNATIONAL MONETARY FUND LAO PEOPLE S DEMOCRATIC REPUBLIC
INTERNATIONAL DEVELOPMENT ASSOCIATION INTERNATIONAL MONETARY FUND LAO PEOPLE S DEMOCRATIC REPUBLIC Joint Bank/Fund Debt Sustainability Analysis 28 1 Prepared by the staffs of the International Development
More informationFiji. Key Indicators for Asia and the Pacific Item
1 POPULATION Total population as of 1 July ( 000) 802.0 805.0 810.0 816.0 821.0 827.0 830.0 834.5 841.4 845.5 850.7 854.3 858.0 862.1 865.7 869.5 873.2 884.9 Population density (persons/km 2 ) 44 44 44
More informationTHE ECONOMIC OUTLOOK FOR THE EASTERN CARIBBEAN CURRENCY UNION 1 by Garth Nicholls
Feature Article: The Economic Outlook for the Eastern Caribbean Currency Union THE ECONOMIC OUTLOOK FOR THE EASTERN CARIBBEAN CURRENCY UNION 1 by Garth Nicholls Introduction and Overview A forecast is
More informationRIS. Policy Brief. Classification of Countries and G-20. The United Nations (UN) Proposal. No. 71 May 2015
No. 71 May 2015 Policy Brief RIS Classification of Countries and G-20 The Turkish Presidency for the G-20 has declared inclusion as the main theme of their focus. Several meetings and conceptual papers
More informationPoverty Profile Executive Summary. Azerbaijan Republic
Poverty Profile Executive Summary Azerbaijan Republic December 2001 Japan Bank for International Cooperation 1. POVERTY AND INEQUALITY IN AZERBAIJAN 1.1. Poverty and Inequality Measurement Poverty Line
More informationFOURTH REVIEW UNDER THE POLICY SUPPORT INSTRUMENT DEBT SUSTAINABILITY ANALYSIS
December 17, 215 FOURTH REVIEW UNDER THE POLICY SUPPORT INSTRUMENT DEBT SUSTAINABILITY ANALYSIS Approved By Roger Nord and Masato Miyazaki (IMF) and John Panzer (IDA) The Debt Sustainability Analysis (DSA)
More informationACRONYMS & ABBREVIATIONS
TABLE OF CONTENTS ACRONYMS & ABBREVIATIONS... iv 1.0 EXECUTIVE SUMMARY... 1 2.0 OVERVIEW OF THE ECONOMY... 2 3.0 PUBLIC DEBT STRUCTURE AND RATIOS... 3 3.1 TOTAL PUBLIC DEBT... 3 3.2 EXTERNAL DEBT... 3
More informationJoint Bank-Fund Debt Sustainability Analysis Update
INTERNATIONAL DEVELOPMENT ASSOCIATION Public Disclosure Authorized INTERNATIONAL MONETARY FUND DOMINICA Joint Bank-Fund Debt Sustainability Analysis -218 Update Prepared by the staffs of the International
More informationA Study of World Role and the World Bank s Plan of Action in India
A Study of World Role and the World Bank s Plan of Action in India RAJIV.G. SHARMA Assistant Professor Govt. Arts & Commerce College, Kadoli District. Sabarkantha. Gujarat (India) Abstract: This study
More informationChina, People s Republic of
1 POPULATION Total population as of 31 December (million) 1,267.4 1,276.3 1,284.5 1,292.3 1,299.9 1,307.6 1,314.5 1,321.3 1,328.0 1,334.5 1,340.9 1,347.4 1,354.0 1,360.7 1,367.8 1,374.6 1,382.7 1,390.1
More informationINTERNATIONAL MONETARY FUND. Poverty Reduction and Growth Trust Review of Interest Rate Structure
INTERNATIONAL MONETARY FUND Poverty Reduction and Growth Trust Review of Interest Rate Structure Prepared by the Finance and the Strategy, Policy, and Review Departments (In consultation with the Legal
More informationThe Little Data Book
Public Disclosure Authorized From Development Indicators The Little Data Book on 10 Public Disclosure Authorized Public Disclosure Authorized Disclosure Authorized Basic indicators National accounts Millennium
More informationGUYANA. 1. General trends
Economic Survey of Latin America and the Caribbean 2017 1 GUYANA 1. General trends Economic growth in Guyana is estimated to have been 3.3% in 2016, up from 3.2% in 2015. A combination of the largest gold
More informationAt Current Purchasers Value, Kina Per capita GDP Per capita GNP
267 1992 Item 1993 1994 1995 1985 1990 1996 1995 1997 1998 1999 2000 2000 2001 2001 2002 POPULATION Total population a million; as of 1 July 3.33 3.69 4.08 4.32 4.36 5.19 5.34 5.52 Population density persons
More informationGeorgia: Joint Bank-Fund Debt Sustainability Analysis 1
November 6 Georgia: Joint Bank-Fund Debt Sustainability Analysis 1 Background 1. Over the last decade, Georgia s external public and publicly guaranteed (PPG) debt burden has fallen from more than 8 percent
More informationDocument of The World Bank INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT SUPPLEMENTAL FINANCING PROGRAM DOCUMENT FOR THE REPUBLIC OF PERU
Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Document of The World Bank For Official Use Only Report No. 46454-PE INTERNATIONAL BANK
More informationPapua New Guinea. Key Indicators for Asia and the Pacific 2017
1 POPULATION Total population a million; as of 1 July 5.2 5.4 5.5 5.7 5.9 6.1 6.2 6.4 6.6 6.8 7.1 7.3 7.5 7.7 8.0 8.2 8.5 Population density persons per square kilometer 11 12 12 12 13 13 13 14 14 15 15
More informationIn Support of Bangladesh s Sustainable LDC Graduation
In Support of Bangladesh s Sustainable LDC Graduation Session 3: Forging Partnerships for Sustainable Graduation Christian Eigen-Zucchi The World Bank November 29, 2017 1 Outline Distinguishing LDC vs.
More informationViet Nam. Key Indicators for Asia and the Pacific Item
1 POPULATION Total population million; as of 1 July 77.11 78.12 79.08 80.00 80.95 81.91 82.85 84.22 85.12 86.03 86.93 87.84 88.81 89.76 90.73 91.71 92.7* Population density persons per square kilometer
More informationInternational Monetary Fund Washington, D.C.
2005 International Monetary Fund June 2005 IMF Country Report No. 05/203 Kingdom of the Netherlands Aruba: Selected Issues and Statistical Appendix This Selected Issues paper and Statistical Appendix for
More informationSENEGAL Appeal no /2003
SENEGAL Appeal no. 01.40/2003 Click on programme title or figures to go to the text or budget 1. Health and Care 2. Disaster Management 3. Organizational Development 2003 (In CHF) 119,204 69,518 37,565
More informationINDEPENDENT EVALUATION GROUP UKRAINE COUNTRY ASSISTANCE EVALUATION (CAE) APPROACH PAPER
Country Background INDEPENDENT EVALUATION GROUP UKRAINE COUNTRY ASSISTANCE EVALUATION (CAE) APPROACH PAPER April 26, 2006 1. Ukraine re-established its independence in 1991, after more than 70 years of
More informationMarshall Islands, Republic of the
Key Indicators for Asia and the Pacific 2017 1 POPULATION Total population a thousand; as of 1 July 51.2 50.5 49.7 50.0 50.5 51.2 51.5 51.8 52.5 52.3 52.9 53.2 53.4 53.6 53.8 54.0 54.2 Population density
More informationIndia. Key Indicators for Asia and the Pacific Item
1 POPULATION a Total population as of 1 October (million) 1,019 1,040 1,056 1,072 1,089 1,106 1,122 1,138 1,154 1,170 1,186 1,220 1,235 1,251 1,267 1,283 1,299 1,316 Population density (persons/km 2 )
More information