LEADER 06219oam 22012614 450 001 9910817958003321 005 20230803221554.0 010 $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(IMF)1KNAEE2014002 035 $a(IMF)1KNAEA2014002 035 $a(EXLCZ)992550000001312889 100 $a20020129d2014 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aSt. Kitts and Nevis : $eStaff Report for the 2014 Article IV Consultation and the Seventh and Eighth Reviews Under the Stand-by Arrangement and Request for Waivers of Applicability and Nonobservance of Performance Criterion 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2014. 215 $a1 online resource (100 p.) 225 1 $aIMF Staff Country Reports 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 3 $aThis paper elaborates 2014 Article IV Consultation, Seventh and Eight Reviews Under the Stand-By Arrangement (SBA), and Request for Waivers of Applicability and Non-Observance of Performance Criterion for St. Kitts and Nevis. The discussions focus on strategies to secure sustainable growth through enhancing tourism, developing cost-effective energy sources, and improving the business environment. It states that the authorities? commitment to their program is reflected in the 2014 budget, and their plans to save the bulk of the Citizenship by Investment (CBI) application fees. 410 0$aIMF Staff Country Reports; Country Report ;$vNo. 2014/086 517 3 $aSaint Kitts and Nevis 606 $aEconomic development$zSaint Kitts and Nevis 606 $aFiscal policy$zSaint Kitts and Nevis 606 $aExports and Imports$2imf 606 $aFinancial Risk Management$2imf 606 $aMacroeconomics$2imf 606 $aMoney and Monetary Policy$2imf 606 $aPublic Finance$2imf 606 $aDebt$2imf 606 $aDebt Management$2imf 606 $aSovereign Debt$2imf 606 $aTaxation, Subsidies, and Revenue: General$2imf 606 $aFiscal Policy$2imf 606 $aMonetary Policy, Central Banking, and the Supply of Money and Credit: General$2imf 606 $aInternational Lending and Debt Problems$2imf 606 $aPublic finance & taxation$2imf 606 $aMonetary economics$2imf 606 $aInternational economics$2imf 606 $aFinance$2imf 606 $aPublic debt$2imf 606 $aRevenue administration$2imf 606 $aFiscal stance$2imf 606 $aCredit$2imf 606 $aExternal debt$2imf 606 $aFiscal policy$2imf 606 $aMoney$2imf 606 $aDebts, Public$2imf 606 $aRevenue$2imf 606 $aDebts, External$2imf 607 $aSt. Kitts and Nevis$2imf 615 0$aEconomic development 615 0$aFiscal policy 615 7$aExports and Imports 615 7$aFinancial Risk Management 615 7$aMacroeconomics 615 7$aMoney and Monetary Policy 615 7$aPublic Finance 615 7$aDebt 615 7$aDebt Management 615 7$aSovereign Debt 615 7$aTaxation, Subsidies, and Revenue: General 615 7$aFiscal Policy 615 7$aMonetary Policy, Central Banking, and the Supply of Money and Credit: General 615 7$aInternational Lending and Debt Problems 615 7$aPublic finance & taxation 615 7$aMonetary economics 615 7$aInternational economics 615 7$aFinance 615 7$aPublic debt 615 7$aRevenue administration 615 7$aFiscal stance 615 7$aCredit 615 7$aExternal debt 615 7$aFiscal policy 615 7$aMoney 615 7$aDebts, Public 615 7$aRevenue 615 7$aDebts, External 676 $a338.9 712 02$aInternational Monetary Fund. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910817958003321 996 $aSt. Kitts and Nevis$93913267 997 $aUNINA