IMF Staff Country Reports

St. Kitts and Nevis: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for St. Kitts and Nevis

October 28, 2021

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St. Kitts and Nevis: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for St. Kitts and Nevis, (USA: International Monetary Fund, 2021) accessed September 20, 2024

Summary

St. Kitts and Nevis entered the Covid-19 pandemic from a position of fiscal strength following nearly a decade of budget surpluses. A significant part of the large CBI revenues was prudently saved, reducing public debt below the regional debt target of 60 percent of GDP and supporting accumulation of large government deposits.

Subject: COVID-19, External debt, Financial institutions, Health, International organization, Loans, Monetary policy, Public debt, Revenue administration

Keywords: Authorities of St. Kitts and Nevis, Caribbean, CBI program, CBI revenue, CBI revenue volatility, COVID-19, Global, Government target population, Loans, Lower-than-expected CBI receipts, Western Hemisphere

Publication Details

  • Pages:

    72

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2021/236

  • Stock No:

    1KNAEA2021001

  • ISBN:

    9781513599151

  • ISSN:

    1934-7685

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