Title St. Kitts and Nevis : 2011 Article IV consultation and request for stand-by arrangement : staff report, staff supplements, public information notice and press release on the Executive Board discussion, and statement by the Executive Director for St. Kitts and Nevis / prepared by the Western Hemisphere Dept

Published Washington, D.C. : International Monetary Fund, ©2011

Click on the following:
IMF eLibrary

Copies

Description 1 online resource (106 pages) Series IMF country report ; no. 11/270 IMF country report ; no. 11/270. Contents Cover; Executive Summary; Contents; I. Background and Recent Developments; II. Policy Discussions and Program for 2011/14; A. Fiscal Policy; B. Debt Restructuring; C. Structural and Social Policies; D. Financial Sector Policies; E. Exchange Rate Assessment; III. Program Issues; IV. Staff Appraisal; Boxes; 1. Key Ratios Under the Rebased GDP; 2. Magnitude of the Balance of Payment Needs; 3. Exceptional Access Criteria; 4. Status of the Debt Restructuring; Figures; 1. Selected Economic Indicators; 2. Policy Response; 3. Banking System Developments, 2004-10; Tables; 1. Basic Data 2. Central Government Fiscal Operations, 2007-163. Central Government Fiscal Operations, 2007-16; 4. Structure of the Public Debt, 2005-10; 5. Balance of Payments, 2007-16; 6. Monetary Survey, 2007-12; 7. Indicators of External and Financial Vulnerability, 2005-10; 8. External Financing Requirement and Sources, 2009-2016; 9. Indicators of Capacity to Repay the Fund, 2011-2021; Annexes; I. Exchange Rate Assessment; II. Summary of Appendices; III. Letter of Intent; Attachment 1. Memorandum on Economic and Financial Policies, 2011-14; Attachment 2. Technical Memorandum of Understanding IV. Memorandum of Understanding between the Eastern Caribbean Central Bank and the Government of St. Kitts and Nevis for the Operation of the Banking Sector Reserve FundContents; Annexes; I. Fund Relations; II. Relations with the World Bank Group; III. Relations with the Caribbean Development Bank (CDB); IV. Statistical Issues; V. Public Information Notice Summary Following a two-year long recession, a gradual recovery of St. Kitts and Nevis' highly indebted economy is under way. The government has shown remarkable resolve in pursuing fiscal consolidation. Notwithstanding the fiscal adjustment, a comprehensive and timely public debt restructuring is critical for the program to be fully financed and to achieve debt sustainability. Available financial sector indicators point to a well-capitalized banking system. Regulation of the non-bank financial sector has been strengthened, but continued efforts are needed to ensure effective supervision Notes Online resource; title from PDF title page (IMF Web site, viewed October 14, 2011) Subject International Monetary Fund -- Saint Kitts and Nevis SUBJECT International Monetary Fund fast Subject Debts, External -- Saint Kitts and Nevis Debts, Public -- Saint Kitts and Nevis Economic indicators -- Saint Kitts and Nevis Debts, External Debts, Public Economic history Economic indicators Economic policy SUBJECT Saint Kitts and Nevis -- Economic conditions Saint Kitts and Nevis -- Economic policy Subject Saint Kitts and Nevis Form Electronic book Author International Monetary Fund. Western Hemisphere Department. ISBN 9781463948696 1463948697

Other Titles St. Kitts and Nevis, 2011 Article IV consultation Saint Kitts and Nevis, 2011 Article IV consultation

  Permalink