{
  "title": "St. Kitts and Nevis: 2009 Article IV Consultation and Request for Emergency Natural Disaster Assistance: Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for St. Kitts and Nevis",
  "publication": "IMF Staff Country Reports, June 8, 2009",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/st-kitts-and-nevis-2009-article-iv-consultation-and-request-for-emergency-natural-disaster-23008",
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  "summary": "The sharp global recession has been taking a toll on the St. Kitts and Nevis economy. The staff report examines the St. Kitts and Nevis 2009 Article IV Consultation and request for Emergency Natural Disaster Assistance.",
  "publishDate": "2009-06-08",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Overview",
      "content": "- The sharp global recession has been taking a toll on the St. Kitts and Nevis economy.\n- The staff report examines the St. Kitts and Nevis 2009 Article IV Consultation and request for Emergency Natural Disaster Assistance.\n- Economic activity has weakened markedly, particularly in tourism and foreign direct investment (FDI)-related construction, the drivers of growth in recent years.\n- The drop-off in tourism receipts, FDI, and other capital flows could lead to a worsening of the balance-of-payments position."
    },
    {
      "heading": "Major findings and focus areas",
      "content": "- Economic weakening concentrated in:\n  - Tourism\n  - FDI-related construction\n- Balance-of-payments risks due to declines in:\n  - Tourism receipts\n  - Foreign direct investment (FDI)\n  - Other capital flows"
    },
    {
      "heading": "Subjects and keywords",
      "content": "- Subjects:\n  - Commercial banks\n  - Economic sectors\n  - Environment\n  - Financial institutions\n  - Government debt management\n  - Natural disasters\n  - Public debt\n  - Public financial management (PFM)\n  - Tourism\n- Keywords:\n  - authorities of St. Kitts and Nevis\n  - authority\n  - balance of payments impact\n  - Caribbean\n  - Commercial banks\n  - CR\n  - emergency natural disaster assistance\n  - Global\n  - Government debt management\n  - ISCR\n  - Natural disasters\n  - SKN authorities\n  - sugar company\n  - Tourism\n\n---\n\n Content in this bundle\n\n- cr09180 - Executive Summary\n  - cr09180 - Executive Summary (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr09180 - Executive Summary (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/st-kitts-and-nevis-2009-article-iv-consultation-and-request-for-emergency-natural-disaster-23008"
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    "Published: June 8, 2009",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451822007.002",
    "The sharp global recession has been taking a toll on the St. Kitts and Nevis economy.",
    "The staff report examines the St. Kitts and Nevis 2009 Article IV Consultation and request for Emergency Natural Disaster Assistance.",
    "Economic activity has weakened markedly, particularly in tourism and foreign direct investment (FDI)-related construction, the drivers of growth in recent years.",
    "The drop-off in tourism receipts, FDI, and other capital flows could lead to a worsening of the balance-of-payments position.",
    "Economic weakening concentrated in:",
    "Balance-of-payments risks due to declines in:",
    "Subjects:",
    "Keywords:",
    "**_cr09180 - Executive Summary**"
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