{"id":39259,"date":"2013-09-13T08:40:18","date_gmt":"2013-09-13T12:40:18","guid":{"rendered":"http:\/\/www.bahamasb2b.com\/news\/?p=39259"},"modified":"2013-09-13T08:40:18","modified_gmt":"2013-09-13T12:40:18","slug":"gloomy-report-from-bahamas-central-bank","status":"publish","type":"post","link":"https:\/\/www.bahamasb2b.com\/news\/2013\/09\/gloomy-report-from-bahamas-central-bank","title":{"rendered":"Gloomy Report From Bahamas Central Bank"},"content":{"rendered":"<p><a href=\"https:\/\/www.bahamasb2b.com\/news\/2012\/09\/monthly-economic-and-financial-developments-july-2012-25497.html\/central-bank\" rel=\"attachment wp-att-25499\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-25499\" title=\"central-bank\" src=\"https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2012\/09\/central-bank.gif\" alt=\"Central Bank of The Bahamas\" width=\"106\" height=\"104\" \/><\/a>Domestic economic conditions remained challenging during the review month, reflecting continued weakness in the major tourism sector, which offset steady gains in capital formation provided by various foreign investment-led construction activities.<\/p>\n<p>However, with the spill-over effects remaining narrowly based, the impact on employment conditions was minimal. Price developments exhibited a slowing in inflation over the twelve-months to July, reflecting the pass-through effects of lower global oil prices.<\/p>\n<p>On the fiscal side, mildness in economic activity and the normalization of collections contributed to a downturn in tax revenues which, together with a rise in current spending, fostered a widening in the fiscal deficit during the eleven months of FY2012\/13.<\/p>\n<p>In the monetary sector, both liquidity and external reserves trended moderately lower in July, amid some gains in private sector credit, with credit quality indicators registering mild improvement.<\/p>\n<p><a href=\"http:\/\/www.4-traders.com\/news\/Central-Bank-of-The-Bahamas--Monthly-Economic-and-Financial-Developments-July-2013--17263990\/\" target=\"_blank\">Read the full review here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Domestic economic conditions remained challenging during the review month, reflecting continued weakness in the major tourism sector, which offset steady gains in capital formation provided by various foreign investment-led construction activities.<\/p>\n","protected":false},"author":17,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[3],"tags":[83,29,25],"class_list":["post-39259","post","type-post","status-publish","format-standard","hentry","category-business","tag-banks","tag-economy","tag-hotels"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/39259","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=39259"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/39259\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=39259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=39259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=39259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}