The Bahamas' fiscal position is improving but there's no room for complacency
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The IMF Article IV concluded in May, warning of the “perilous state” of the public finances – unusually strong language
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Since then, there has been some improvement in the fiscal position, but it is early days and challenges remain
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Moody’s recent downgrade and the government’s appointment of sovereign debt advisors may have added to investor anxiety
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This report is independent investment research as contemplated by COBS 12.2 of the FCA Handbook and is a research recommendation under COBS 12.4 of the FCA Handbook. Where it is not technically a research recommendation because the subject of the research is not listed on any European exchange, it has nevertheless been treated as a research recommendation to ensure consistent treatment of all Tellimer's research. This report has been produced by the analyst(s) named above (the "Analyst").
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