St. Kitts and Nevis: 2017 Article IV Consultation- Press Release; Staff Report
IMF Staff Country Reports, July 5, 2017
Source details
- Canonical URL
- St. Kitts and Nevis: 2017 Article IV Consultation- Press Release; Staff Report
Other formats
Bibliographic details
- Published: July 5, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484307342.002
Economic performance in 2016
- Growth moderated in 2016, reflecting:
- the deceleration in tourism-linked sectors
- contraction in manufacturing output
- Despite moderation, growth in 2016 still exceeded the average growth in the Eastern Caribbean Currency Union region
- Consumer inflation was negative during 2016, reflecting:
- the favorable tax environment
- low international fuel prices
- End-year inflation turned positive as the favorable tax and fuel-price effects started to subside
Medium-term outlook and projections
- Growth is expected to average at about 3 percent in the medium term
- Inflation is projected to rise with the expected rise in fuel prices, remaining about 2 percent in the medium term
Thematic scope and emphasis from the report
- Subjects covered: Banking; Economic and financial statistics; Economic sectors; External sector statistics; Fiscal policy; Fiscal stance; Public debt; Public sector; Revenue administration
- Keywords and focal issues highlighted: Caribbean; CBI inflow; consumer inflation; correspondent banking risk; CR; External sector statistics; Fiscal stance; Global; inflow; ISCR; oil-price weakness; Public sector; SIDF grant; w CBI fee
International Monetary Fund. St. Kitts and Nevis: 2017 Article IV Consultation- Press Release; Staff Report (July 5, 2017).
Content in this bundle
- Country Report