St. Kitts and Nevis: 2024 Article IV Consultation-Press Release and Staff Report

Publication Date:

May 15, 2024

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

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:

Frequency:

regular

English

Publication Date:

May 15, 2024

ISBN/ISSN:

9798400274183/1934-7685

Stock No:

1KNAEA2024001

Format:

Paper

Pages:

61

Please address any questions about this title to publications@imf.org