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This 2016 Article IV Consultation highlights that economy of St. Kitts and Nevis continued its strong growth at about 5 percent, recording the strongest growth in the region during 2013-15. Strong growth has been underpinned by construction and tourism sector activity and their favorable...
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KEY ISSUES Stand-By Arrangement (SBA): the 36-month SBA for SDR 52.51 million (590 percent of quota) was approved July 27, 2011. The fifth and sixth reviews were completed July 24, 2013. Context and program performance: The economy is recovering from a four-year contraction through 2012, and...
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