06219oam 22012614 450 991081795800332120230803221554.01-4755-1592-81-4755-3369-11-4755-7949-7(CKB)2550000001312889(EBL)1701785(SSID)ssj0001321726(PQKBManifestationID)11755277(PQKBTitleCode)TC0001321726(PQKBWorkID)11373044(PQKB)11473963(MiAaPQ)EBC1701785(Au-PeEL)EBL1701785(CaPaEBR)ebr10878951(CaONFJC)MIL616090(OCoLC)881416222(IMF)1KNAEE2014002(IMF)1KNAEA2014002(EXLCZ)99255000000131288920020129d2014 uf 0engur|n|---|||||txtccrSt. Kitts and Nevis : Staff Report for the 2014 Article IV Consultation and the Seventh and Eighth Reviews Under the Stand-by Arrangement and Request for Waivers of Applicability and Nonobservance of Performance CriterionWashington, D.C. :International Monetary Fund,2014.1 online resource (100 p.)IMF Staff Country ReportsDescription based upon print version of record.1-4755-7911-X 1-306-84839-3 Cover; CONTENTS; CONTEXT: ECONOMIC RECOVERY AND FISCAL CONSOLIDATION; PROGRAM PERFORMANCE; OUTLOOK: RECOVERY WITH DOWNSIDE RISKS; MAIN THEMES OF THE ARTICLE IV DISCUSSION; A. Improving Tools for Growth; B. Ensuring Medium-Term Fiscal Sustainability; C. Building Buffers and Providing for Critical Investments; D. Securing a Stable and Productive Financial System; REVIEW AND POLICY ISSUES; STAFF APPRAISAL; BOXES; 1. Macroeconomic Linkages of the Citizenship-by-Investment Program; 2. Tax Incentives in St. Kitts and Nevis; 3. Main Features of the 2014 Budget of St. Kitts and Nevis; FIGURES1. Real Sector Developments and Near-Term Outlook2. Fiscal Sector Developments; 3. Monetary Developments; TABLES; 1. Basic Data; 2. Central Government Fiscal Operations, 2010-20; 3. St. Kitts and Nevis: Central Government Fiscal Operations, 2010-20; 4. Balance of Payments, 2010-20; 5. St. Kitts and Nevis: Monetary Survey, 2010-15; 6. St. Kitts and Nevis: Indicators of External and Financial Vulnerability, 2007-13; 7. St. Kitts and Nevis: External Financing Requirement and Sources, 2013-20; 8. St. Kitts and Nevis: Indicators of Capacity to Repay the Fund, 2013-20; ANNEXES1. Risk Assessment MatrixII. External Sector Assessment; III. Debt Sustainability Analysis (DSA); IV. Main Recommendations from the 2011 Article IV Consultation and Follow Up; APPENDICES; I. Letter of Intent; Attachment I: Memorandum of Economic and Financial Policies; Attachment II: Technical Memorandum of Understanding; CONTENTS; FUND RELATIONS; RELATIONS WITH THE WORLD BANK GROUP; RELATIONS WITH THE CARIBBEAN DEVELOPMENT BANK; STATISTICAL ISSUESThis paper elaborates 2014 Article IV Consultation, Seventh and Eight Reviews Under the Stand-By Arrangement (SBA), and Request for Waivers of Applicability and Non-Observance of Performance Criterion for St. Kitts and Nevis. The discussions focus on strategies to secure sustainable growth through enhancing tourism, developing cost-effective energy sources, and improving the business environment. It states that the authorities’ commitment to their program is reflected in the 2014 budget, and their plans to save the bulk of the Citizenship by Investment (CBI) application fees.IMF Staff Country Reports; Country Report ;No. 2014/086Saint Kitts and NevisEconomic developmentSaint Kitts and NevisFiscal policySaint Kitts and NevisExports and ImportsimfFinancial Risk ManagementimfMacroeconomicsimfMoney and Monetary PolicyimfPublic FinanceimfDebtimfDebt ManagementimfSovereign DebtimfTaxation, Subsidies, and Revenue: GeneralimfFiscal PolicyimfMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralimfInternational Lending and Debt ProblemsimfPublic finance & taxationimfMonetary economicsimfInternational economicsimfFinanceimfPublic debtimfRevenue administrationimfFiscal stanceimfCreditimfExternal debtimfFiscal policyimfMoneyimfDebts, PublicimfRevenueimfDebts, ExternalimfSt. Kitts and NevisimfEconomic developmentFiscal policyExports and ImportsFinancial Risk ManagementMacroeconomicsMoney and Monetary PolicyPublic FinanceDebtDebt ManagementSovereign DebtTaxation, Subsidies, and Revenue: GeneralFiscal PolicyMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralInternational Lending and Debt ProblemsPublic finance & taxationMonetary economicsInternational economicsFinancePublic debtRevenue administrationFiscal stanceCreditExternal debtFiscal policyMoneyDebts, PublicRevenueDebts, External338.9International Monetary Fund.DcWaIMFBOOK9910817958003321St. Kitts and Nevis3913267UNINA