LEADER 04239nam 2200649 450 001 9910458337203321 005 20200520144314.0 010 $a1-4755-1592-8 010 $a1-4755-3369-1 010 $a1-4755-7949-7 035 $a(CKB)2550000001312889 035 $a(EBL)1701785 035 $a(SSID)ssj0001321726 035 $a(PQKBManifestationID)11755277 035 $a(PQKBTitleCode)TC0001321726 035 $a(PQKBWorkID)11373044 035 $a(PQKB)11473963 035 $a(MiAaPQ)EBC1701785 035 $a(Au-PeEL)EBL1701785 035 $a(CaPaEBR)ebr10878951 035 $a(CaONFJC)MIL616090 035 $a(OCoLC)881416222 035 $a(EXLCZ)992550000001312889 100 $a20140613h20142014 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 00$aSt. Kitts and Nevis $e2014 Article IV consultation and the seventh and eighth reviews under the stand-by arrangement and request for waivers of applicability and nonobservance of performance criterion, staff report, press releases 210 1$aWashington, District of Columbia :$cInternational Monetary Fund,$d2014. 210 4$dİ2014 215 $a1 online resource (100 p.) 225 1 $aIMF Country Report ;$vNumber 14/86 300 $aDescription based upon print version of record. 311 $a1-4755-7911-X 311 $a1-306-84839-3 327 $aCover; 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; FIGURES 327 $a1. 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; ANNEXES 327 $a1. 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 ISSUES 330 $aKEY ISSUESStand-By Arrangement (SBA): the 36-month SBA for SDR 52.51 million (590 percent ofquota) was approved July 27, 2011. The fifth and sixth reviews were completed July 24, 2013.Context and program performance: The economy is recovering from a four-year contraction through 2012, and prospects are positive, although risks remain. All fiscal program targets were met with a large margin through end-September 2013. However, the continuous performance criterion on external arrears was missed. The amounts were minor and quickly repaid. The authorities have taken measures to prevent this recurr 410 0$aIMF country report ;$vNumber 14/86. 517 3 $aSaint Kitts and Nevis 606 $aEconomic development$zSaint Kitts and Nevis 606 $aFiscal policy$zSaint Kitts and Nevis 608 $aElectronic books. 615 0$aEconomic development 615 0$aFiscal policy 676 $a338.9 712 02$aInternational Monetary Fund. 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910458337203321 996 $aSt. Kitts and Nevis$92144143 997 $aUNINA