St. Kitts and Nevis: Third Review Under the Stand-By Arrangement, Financing Assurances Review and Request for Waivers of Applicability—Staff Report and Press Release on the Executive Board Discussion

October 15, 2012

Preview Citation

Format: Chicago

St. Kitts and Nevis: Third Review Under the Stand-By Arrangement, Financing Assurances Review and Request for Waivers of Applicability—Staff Report and Press Release on the Executive Board Discussion, (USA: International Monetary Fund, 2012) accessed September 18, 2024

Summary

Economic activity is estimated to have softened below program expectations in January-March 2012, due to a continued contraction in the construction sector which dominated a relatively strong outturn in tourism. Despite this growth underperformance and the continued global uncertainty, the authorities have successfully implemented their home-grown economic program. While the outlook is for a moderate economic recovery, uncertain external conditions continue to present downside risks to growth.

Subject: Credit, Debt service, External debt, Money, Public debt, Revenue administration

Keywords: Caribbean, CR, Credit, Debt, Debt service, Debt service saving, GDP, GDP deflator, Global, ISCR, Liquid asset, Net credit, Operating income, St. Kitts and Nevis' IMF quota, U.S. dollar

Publication Details

Pages:

47
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2012/284
Stock No:

1KNAEA2012003
ISBN:

9781475513097
ISSN:

1934-7685

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