Cover IMF Staff Country Reports
The Bahamas: 2020 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Bahamas
Author:
International Monetary Fund. Western Hemisphere Dept.
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2021: Issue 024
Language:
English
Publication Date:
28 Jan 2021
DOI:
https://doi.org/10.5089/9781513567839.002
ISBN:
9781513567839
ISSN:
1934-7685
Pages:
83
Keywords:
ISCR; CR; central bank of The Bahamas; IMF staff calculation; asset registry; COVAX Facility; loan moratoria
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The economic impact of COVID-19 on The Bahamas is unprecedented. The archipelago was just recovering from the devastation of Hurricane Dorian in the fall of 2019, when the pandemic led to a sudden stop in tourism, the main source of income and employment. The authorities mounted a rapid emergency response to support the economy and vulnerable households and put in place strict containment measures. But amid limited testing and health resources, reopening the economy has been challenging.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2021: Issue 024