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

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.

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Year of publication:	2009-06-08
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Announcements \| Article IV consultation reports \| Bank supervision \| Banking sector \| Debt sustainability \| External borrowing \| External shocks \| Fiscal sustainability \| Nonbank financial sector \| Staff Reports \| Tax reforms \| Tourism \| public debt \| debt service \| current account \| external debt \| debt ratio \| public sector debt \| debt management \| debt reduction \| balance of payments \| government debt \| current account deficit \| capital expenditure \| fiscal measures \| fiscal consolidation \| fiscal policy \| external public debt \| current account balance \| fiscal adjustment \| government revenue \| fiscal operations \| central government fiscal \| fiscal efforts \| debt management capacity \| debt dynamics \| debt strategy \| short-term debt \| external debt sustainability \| public finances \| tax revenue \| domestic financing \| fiscal data \| debt ratios \| debt stock \| external financing \| debt management strategy \| fiscal scenarios \| repurchases \| debt burden \| total external debt \| domestic debt \| fiscal reforms \| fiscal developments \| repayments \| tax revenues \| structural fiscal \| tax administration \| currency board \| external debt service \| central bank \| structural fiscal reforms \| domestic currency \| debt unit \| debt sustainability analysis \| primary deficit \| public enterprises ? debt \| tax base \| interest expenditure \| fiscal outlook \| institutional arrangements for debt management \| current account balances \| institutional framework for debt management \| imf repurchases \| debt data \| private debt \| fiscal policies \| current account deficits \| repayment capacity \| debt servicing \| government spending \| government debt database \| debt-service \| debt database \| fiscal indicators \| debt service obligations \| fiscal activities \| external obligations \| fiscal stabilization program \| fiscal stabilization \| capital expenditures \| long-term debt \| fiscal revenue \| debt restructuring \| budget management \| stock of debt \| fiscal impact \| fiscal balance \| debt strategy analyses \| tax system \| private external debt \| fiscal assumptions \| domestic public sector debt \| debt situation \| debt crisis \| quasi-fiscal activities \| tax bases \| account deficits \| fiscal space \| fiscal situation

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 09/180 7 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011244309