European Parliament Library

St. Kitts and Nevis :, 2009 Article IV Consultation and Request for Emergency Natural Disaster Assistance: Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for St. Kitts and Nevis

The sharp global recession has been taking a toll on the St. Kitts and Nevis economy. The staff report examines the St. Kitts and Nevis 2009 Article IV Consultation and request for Emergency Natural Disaster Assistance. Economic activity has weakened markedly, particularly in tourism and foreign direct investment (FDI)-related construction, the drivers of growth in recent years. The drop-off in tourism receipts, FDI, and other capital flows could lead to a worsening of the balance-of-payments position
Table Of Contents
Cover; Executive Summary; Contents; I. Context; II. Recent Economic Developments and Near-Term Outlook; Figures; 1. Banking System Developments, 2000-08; 2. Fiscal Developments, 2003-08; 3. Evolution of Public Debt, 2000-08; III. Economic Impact of the Hurricane; IV. Policy Discussions; A. Restoring Fiscal and Debt Sustainability; Boxes; 1. The 2009 Budget; 2. Debt Management; B. Enhancing Competitiveness and Fostering Growth; 3. Assessment of External Stability; 4. External Competitiveness, 1991-2008; C. Mitigating Vulnerability; 5. Doing Business Indicators, 2008
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (73 p.)
Specific Material Designation
Form Of Item

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