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International Monetary Fund

preferential arrangements in the EU market by the end of 2005 poses questions to the viability of the industry. 2. This note reviews the experience of the banana industry in recent years, especially recent efforts in restructuring the Banana Growers Association (BGA), and discusses the prospects and options for the industry to stay viable post 2005. It also discusses the social impact of a further decline of the banana industry on the rest of the economy. B. Decline of the Banana Sector in the 1990s 3. The banana industry has been a vital sector to the VCT economy

International Monetary Fund
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
International Monetary Fund
This paper describes the IMF's projections and estimates of St. Vincent and the Grenadines on prices and wages, GDP by economic activity at current factor cost and by type of expenditure at current prices, petroleum consumption and unit values, consumer price index, summary of central government operations, revenues and grants, expenditure, net lending and investment plan and consolidated public sector operations, national insurance scheme, monetary survey, consolidated balance sheets of foreign commercial banks and commercial banks, interest rate structure of commercial banks, summary of balance payments, public sector external debt, etc.
International Monetary Fund

.5 Banana GrowersAssociation price (EC$/lb) 2/ 0.465 0.502 0.523 0.559 0.559 Price received by growers (EC$/lb) 0.360 0.390 0.395 0.370 0.370 Quality (Southhampton PUWs) 3/ 85 85 85 85 85 (Annual percentage change) Export earnings (EC$) −10.2 −25.4 16.0 −24.2 8.7 Volume exported 8.8 −22.6 10.8 −30.0 6.8 BGA price (EC$/lb) −25.8 8.1 4.1 6.9 0.0 Sources: Banana Growers Association; FAO; and Fund staff estimates. 1 / Banana Growers Association only. 2

International Monetary Fund
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
International Monetary Fund. Western Hemisphere Dept.
This paper presents the Staff Country Report on St. Vincent and the Grenadines. This Statistical Appendix for St. Vincent and the Grenadines was prepared by a staff team of the IMF as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on December 8, 2006. The views expressed in this document are those of the staff team and do not necessarily reflect the views of the government of St. Vincent and the Grenadines or the Executive Board of the IMF. The policy of publication of staff reports and other documents by the IMF allows for the deletion of market-sensitive information.
International Monetary Fund. Western Hemisphere Dept.

Production 2001 2002 2003 2004 Est. 2005 Volume exported (metric tons) 1/ 33,880 37,550 26,686 24,402 19,385 Export earnings (thousands EC$) 1/ 36,942 42,837 32,026 30,776 26,548 Export earnings (thousands US$) 13,682 15,866 11,861 11,399 9,833 Percentage of exports of goods and services 7.8 8.9 6.9 6.2 5.1 Banana GrowersAssociation price (EC$/lb) 2/ 0.502 0.523 0.559 0.572 0.621 Price received by growers (EC$/lb) 0.390 0.395 0.370 0.370 0

International Monetary Fund

Association (BGA) price (EC$/lb) 2/ 0.523 0.559 0.572 0.621 0.624 Price received by growers (EC$/lb) 0.395 0.370 0.370 0.370 0.406 Quality (Southhampton PUWS) 3/ 85 85 85 85 80 (Annual percentage change) Export earnings (EC$) 16.0 -25.2 10.0 -8.9 6.5 Volume exported 10.8 -28.9 5.1 -10.1 -10.0 BGA price (EC$/lb) 4.1 6.9 2.3 8.6 0.5 Sources: Banana Growers Association; FAO; and Fund staff estimates. 1/ Banana Growers Association only. 2/ Price received by

International Monetary Fund

(ECS) -16.3 3.6 -36.1 -35.7 44.7 -10.1 Volume exported -23.3 -23.3 -23.3 -47.0 61.7 -10.4 Export receipts -36.0 -36.0 -36.0 -35.7 44.7 -10.1 BGA price (EC$/lb) -16.6 -16.6 -16.6 21.3 -10.5 0.4 Sources: Banana Growers Association; FAO; and Fund staff estimates. 1/ Banana Growers Association only. 2/ Gross c.i.f. price received by shippers for bananas in the UK market. 3/ Percentage units within specification. Table 5. St. Vincent and the Grenadines: Electricity