01843cas a2200241 a 4500 AALejournalIMF019469 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498323253 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Western Hemisphere Dept. The Bahamas : 2019 Article IV Consultation-Press Release; and Staff Report. Washington, D.C. : International Monetary Fund, 2019. 1 online resource (72 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Growth has returned after years of stagnation. The reform-oriented government is tackling structural issues, with notable achievements in the fiscal area. The financial sector is sound and resilient to current stability threats, but credit remains scarce. The offshore sector faces heightened international scrutiny and the government is taking steps to strengthen compliance with AML/CFT and tax transparency standards. Tourism and related foreign investments will support growth in the near-term, while low competitiveness and diversification dampen medium-term prospects. Growth would suffer from a slowdown in the U.S. or higher oil prices, and hurricane vulnerability persists. Reform momentum could stall, undermining fiscal consolidation efforts. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2019/198 Full text available on IMF http://elibrary.imf.org/view/journals/002/2019/198/002.2019.issue-198-en.xml IMF e-Library