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 November 25, 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:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2012/284
Stock No:

1KNAEA2012003
ISBN:

9781475513097
ISSN:

1934-7685

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports