St. Kitts and Nevis : 2006 Article IV Consultation—Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion

Author/Editor:

International Monetary Fund

Publication Date:

April 20, 2007

Electronic Access:

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Summary:

This 2006 Article IV Consultation highlights that despite the closure of the sugar industry, economic growth in St. Kitts and Nevis has accelerated. In 2006, the economy is estimated to have recorded its third consecutive year of strong growth, projected at 4½ percent in 2006, with good prospects for 2007. Although the current account deficit remains large, it has been mainly financed by foreign direct investment, and competitiveness appears to be improving. Fiscal imbalances have improved significantly, reflecting both policy adjustments and continued growth.

Series:

Country Report No. 07/141

Subject(s):

Frequency:

Bimonthly

English

Publication Date:

April 20, 2007

ISBN/ISSN:

9781451821963/1934-7685

Stock No:

1KNAEA2007001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

57

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