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

St. Kitts and Nevis: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for St. Kitts and Nevis
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Volume/Issue: Volume 2025 Issue 107
Publication date: May 2025
ISBN: 9798229010023
$20.00
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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Finance , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , Natural Disasters , policy uncertainty , financing cost , staff appraisal , CBI revenue , Mission LTX , Current spending , Credit , Fiscal consolidation , Caribbean , Global

Also of interest
Peru
Grenada
Nepal
Republic of Congo : 2001 Article IV
Summary

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.

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