St. Kitts and Nevis: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for St. Kitts and Nevis

International Monetary Fund

No 2025/107, IMF Staff Country Reports from International Monetary Fund

Abstract: In the context of a moderation of growth following the post-pandemic rebound, the economy is facing significant challenges. The fiscal outlook has notably deteriorated against the background of structurally lower Citizenship-By-Investment (CBI) revenues, and the current account deficit has widened. Public banks are facing long-standing weaknesses, which may have important implications for financial stability and fiscal sustainability, while lending from private banks and credit unions is expanding rapidly.

Keywords: policy uncertainty; financing cost; staff appraisal; CBI revenue; Mission LTX; Current spending; Credit; Fiscal consolidation; Caribbean; Global (search for similar items in EconPapers)
Pages: 80
Date: 2025-05-13
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