St. Kitts and Nevis: Fifth and Sixth Reviews Under the Stand-By Arrangement, Request for Waiver of Nonobservance of Performance Criterion and Request for Waiver of Applicability; Staff Report; Press Release

 
 
Publication Date: February 18, 2014
 
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Summary: This paper discusses St. Kitts and Nevis’ Fifth and Sixth Reviews Under the Stand-by Arrangement (SBA) and Request for Waiver of Nonobservance of Performance Criterion. All fiscal program targets were met through end-March 2013, partly owing to strong receipts from the Citizenship by Investment program. The structural benchmark on drafting a proposal for a comprehensive pension reform, scheduled for end-June 2013, has been delayed to allow for further deliberations. The IMF Staff supports the authorities’ request for the completion of the fifth and sixth reviews under the SBA and the waiver of applicability.
 
Series: Country Report No. 14/49
Subject(s): Stand-by arrangement reviews | Fiscal policy | Public debt | Debt restructuring | Labor markets | Employment policy | Banking sector | Economic indicators | Staff Reports | Press releases | Performance criteria waivers | St. Kitts and Nevis

 
English
Publication Date: February 18, 2014
ISBN/ISSN: 9781475591552/1934-7685 Format: Paper
Stock No: 1KNAEA2014001 Pages: 55
Price:
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