Cover IMF Staff Country Reports
St. Kitts and Nevis: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for St. Kitts and Nevis
Author: International Monetary Fund. Western Hemisphere Dept.
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2021: Issue 236
Language:
English
Publication Date:
28 Oct 2021
DOI:
https://0-doi-org.library.svsu.edu/10.5089/9781513599151.002
ISBN:
9781513599151
ISSN:
1934-7685
Pages:
72
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
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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.
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund