## 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](https://www.imf.org/en/publications/cr/issues/2017/07/05/st-45039)

## Other formats

- [Markdown version](/en/publications/cr/issues/2017/07/05/st-45039/index.md)
- [Structured JSON version](/en/publications/cr/issues/2017/07/05/st-45039/index.json)
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## Bibliographic details
- Published: July 5, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484307342.002

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### 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).*

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## Content in this bundle

- **Country Report**
  - [Country Report (Markdown version)](/-/media/files/publications/cr/2017/cr17186.pdf.md){rel="alternate" type="text/markdown"}
  - [Country Report (PDF)](/-/media/files/publications/cr/2017/cr17186.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2017/07/05/st-45039_