Country Report Bahamas 3rd Quarter
The Economist Intelligence Unit, July 2012
Buoyed by high public support and an overwhelming majority in the legislature, the prime minister, Perry Christie, will face little resistance to implementing the government's legislative agenda in 2012-13.
High unemployment, a slow pace of economic recovery and a worrying recent rise in crime are the main challenges confronting the new government that took office in May.
After narrowing to an estimated 3.9% of GDP in fiscal year 2011/12, on the back of privatisation income, the fiscal deficit will widen to 4.2% of GDP in 2012/13, as the government pursues an expansionary fiscal policy.
Country Report Bahamas 3rd Quarter
Summary
Outlook for 2012-13
Review
Basic data
Land area
Population
Main town
Climate
Weather in Nassau (altitude 4 metres)
Language
Measures
Currency
Fiscal year
Time
Public holidays
Political structure
Official name
Form of state
Head of state
The executive
National legislature
Legal system
National elections
National government
Main political organisations
Key ministers
Ministers of state
Governor of the Central Bank
Economic structure: Annual indicators
Economic structure: Quarterly indicators
Outlook for 2012-13: Political stability
Outlook for 2012-13: Election watch
Outlook for 2012-13: International relations
Outlook for 2012-13: Policy trends
Outlook for 2012-13: Fiscal policy
Outlook for 2012-13: Monetary policy
Outlook for 2012-13: International assumptions
Outlook for 2012-13: Economic growth
Outlook for 2012-13: Inflation
Outlook for 2012-13: Exchange rates
Outlook for 2012-13: External sector
Outlook for 2012-13: Forecast summary
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