St. Kitts and Nevis: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for St. Kitts and Nevis

May 13, 2025

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International Monetary Fund. Western Hemisphere Dept. "St. Kitts and Nevis: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for St. Kitts and Nevis", IMF Staff Country Reports 2025, 107 (2025), accessed June 16, 2025, https://doi.org/10.5089/9798229010023.002

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Summary

In the context of a moderation of growth following the post-pandemic rebound, the economy is facing significant challenges. The fiscal outlook has notably deteriorated against the background of structurally lower Citizenship-By-Investment (CBI) revenues, and the current account deficit has widened. Public banks are facing long-standing weaknesses, which may have important implications for financial stability and fiscal sustainability, while lending from private banks and credit unions is expanding rapidly.

Subject: Credit, Current spending, Expenditure, Fiscal consolidation, Fiscal policy, Money, Public debt, Revenue administration

Keywords: Caribbean, CBI revenue, Credit, Current spending, Financing cost, Fiscal consolidation, Global, Mission LTX, Policy uncertainty, Staff appraisal

Publication Details

Pages:

80
Volume:

2025
DOI:

https://doi.org/10.5089/9798229010023.002
Issue:

107
Series:

Country Report No. 2025/107
Stock No:

1KNAEA2025001
ISBN:

9798229010023
ISSN:

1934-7685

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