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Country Report Bahamas 3rd Quarter

  • ID: 2196298
  • July 2015
  • Region: Bahamas
  • The Economist Intelligence Unit

Public support and a large majority in the legislature will support the Progressive Liberal Party (PLP) government's ability to advance its policy agenda in 2015-16, although some policy reversals are possible.

A weak fiscal position, rising debt burden, low demand for tourism, a soft jobs market and a high crime rate are the main challenges for policymakers.

The fiscal deficit was relatively wide in fiscal year 2013/14 (July-June), at 3.3% of GDP. The introduction of value-added tax (VAT) in January 2015 will help to bring down the deficit to a forecast 1.4% of GDP by 2016/17.

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Country Report Bahamas 3rd Quarter

Summary
Outlook for 2015-16
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 2015-16: Political stability

Outlook for 2015-16: Election watch

Outlook for 2015-16: International relations

Outlook for 2015-16: Policy trends

Outlook for 2015-16: Fiscal policy

Outlook for 2015-16: Monetary policy

Outlook for 2015-16: International assumptions

Outlook for 2015-16: Economic growth

Outlook for 2015-16: Inflation

Outlook for 2015-16: Exchange rates

Outlook for 2015-16: External sector

Outlook for 2015-16: Forecast summary

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

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