European Parliament Library

St. Kitts and Nevis :, 2007 Article IV Consultation: Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion

The authorities announced a strategy to restore fiscal and debt sustainability, in conjunction with a transition out of sugar production. Discussions centered on restoring fiscal and debt sustainability, enhancing competitiveness and growth, and containing risks. However, policies need to be strengthened to achieve these targets. Discussions centered on structural reforms to enhance the business climate and improve labor market flexibility, and on releasing government land/assets for more productive uses. Although prudential indicators point to some strengthening of the banking system, its high public sector exposure has increased further
Table Of Contents
Cover; Executive Summary; Contents; A. Restoring Fiscal and Debt Sustainability; I. Context; II. Recent Economic Developments and Outlook; Figures; 1. Banking System Developments, 2000-07; 2. Fiscal Developments, 2002-06; 3. Evolution of Public Debt, 2000-06; III. Policy Discussions; B. Enhancing Competitiveness and Growth; Boxes; 1. External Competitiveness; 4. External Competitiveness, 1990-2007; 5. Doing Business Indicators, 2007; C. Containing Risks; 2. Land Development and Sales; IV. Staff Appraisal; Annexes; 1. Medium-Term Fiscal Scenarios and Debt Sustainability Analysis
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (58 p.)
Specific Material Designation
Form Of Item

Library Locations

  • EP Library Strasbourg

    7 Place Adrien Zeller, Allée du Printemps, Strasbourg, F-67070, FR
  • EP Library Luxembourg

    Rue du Fort Thüngen, Luxembourg, L-1313, LU
  • EP Library Brussels

    60 rue Wiertz, Brussels, B-1047, BE