St. Kitts and Nevis: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for St. Kitts and Nevis

October 28, 2021

Preview Citation

Format: Chicago

St. Kitts and Nevis: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for St. Kitts and Nevis, (USA: International Monetary Fund, 2021) accessed December 24, 2024

Summary

St. Kitts and Nevis entered the Covid-19 pandemic from a position of fiscal strength following nearly a decade of budget surpluses. A significant part of the large CBI revenues was prudently saved, reducing public debt below the regional debt target of 60 percent of GDP and supporting accumulation of large government deposits.

Subject: COVID-19, External debt, Financial institutions, Health, International organization, Loans, Monetary policy, Public debt, Revenue administration

Keywords: Authorities of St. Kitts and Nevis, Caribbean, CBI program, CBI revenue, CBI revenue volatility, COVID-19, Global, Government target population, Loans, Lower-than-expected CBI receipts, Western Hemisphere

Publication Details

Pages:

72
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2021/236
Stock No:

1KNAEA2021001
ISBN:

9781513599151
ISSN:

1934-7685

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