St. Kitts and Nevis: 2024 Article IV Consultation-Press Release and Staff Report
Electronic Access:
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Summary:
Delays in investment projects lowered growth to 3.4 percent in 2023 despite a solid rebound in tourism. Revenues from the citizenship by investment (CBI) program were 22 percent of GDP in 2023 which resulted in a small fiscal surplus and debt falling to 54 percent of GDP. Two large energy projects are at a planning stage but, if fully implemented, would shift the country’s energy mix entirely to renewables and significantly reduce the impact of changes in global commodity prices.
Series:
Country Report No. 2024/126
Subject:
International organization Monetary policy
Frequency:
regular
English
Publication Date:
May 15, 2024
ISBN/ISSN:
9798400274183/1934-7685
Stock No:
1KNAEA2024001
Format:
Paper
Pages:
61
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