St. Kitts and Nevis : Third Review Under the Stand-By Arrangement, Financing Assurances Review and Request for Waivers of Applicability—Staff Report and Press Release on the Executive Board Discussion

Publication Date: October 15, 2012
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Summary: Economic activity is estimated to have softened below program expectations in January-March 2012, due to a continued contraction in the construction sector which dominated a relatively strong outturn in tourism. Despite this growth underperformance and the continued global uncertainty, the authorities have successfully implemented their home-grown economic program. While the outlook is for a moderate economic recovery, uncertain external conditions continue to present downside risks to growth.
Series: Country Report No. 12/284
Subject(s): Stand-by arrangement reviews | Fiscal policy | Debt restructuring | Tax revenues | Fiscal reforms | Banking sector | Economic indicators | Staff Reports | Press releases | Performance criteria waivers | St. Kitts and Nevis

Publication Date: October 15, 2012
ISBN/ISSN: 9781475513097/1934-7685 Format: Paper
Stock No: 1KNAEA2012003 Pages: 47
US$18.00 (Academic Rate:
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