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

International Monetary Fund

No 2021/236, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: authorities of St. Kitts and Nevis; CBI revenue; CBI revenue volatility; government target population; CBI program; lower-than-expected CBI receipts; COVID-19; Loans; Caribbean; Western Hemisphere; Global (search for similar items in EconPapers)
Pages: 72
Date: 2021-10-28
New Economics Papers: this item is included in nep-mac
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