Eastern Caribbean Currency Union: Staff Report Following Discussions with Regional Institutions
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Summary:
This paper reviews the IMF’s discussions with Eastern Caribbean Currency Union’s (ECCU) regional institutions. Discussions focused on the outlook for 2003 and the policy responses needed to arrest the fiscal deterioration and to achieve consolidation over the medium term. Although the short-term outlook for growth appears weak given the external climate, the region can look toward benefits from deeper regional and global integration over the medium term. The IMF staff has also emphasized that structural reforms are needed to improve efficiency, in advance of new trade arrangements.
Series:
Country Report No. 2003/087
Subject:
Banking Commercial banks Credit Economic sectors Financial institutions Labor Money Public debt Public sector
English
Publication Date:
March 28, 2003
ISBN/ISSN:
9781451811629/1934-7685
Stock No:
1ECCEA0012003
Pages:
39
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