IMF Staff Country Reports

St. Kitts and Nevis: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for St. Kitts and Nevis

May 13, 2025

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International Monetary Fund. Western Hemisphere Dept. "St. Kitts and Nevis: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for St. Kitts and Nevis", IMF Staff Country Reports 2025, 107 (2025), accessed May 15, 2025, https://doi.org/10.5089/9798229010023.002

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Summary

In the context of a moderation of growth following the post-pandemic rebound, the economy is facing significant challenges. The fiscal outlook has notably deteriorated against the background of structurally lower Citizenship-By-Investment (CBI) revenues, and the current account deficit has widened. Public banks are facing long-standing weaknesses, which may have important implications for financial stability and fiscal sustainability, while lending from private banks and credit unions is expanding rapidly.

Subject: Anti-money laundering and combating the financing of terrorism (AML/CFT), Credit, Credit bureaus, Crime, Current spending, Expenditure, Financial markets, Financial sector policy and analysis, Financial sector stability, Fiscal consolidation, Fiscal policy, Government debt management, Money, Public debt, Public financial management (PFM), Revenue administration

Keywords: Anti-money laundering and combating the financing of terrorism (AML/CFT), Credit, Credit bureaus, Current spending, Financial sector stability, Fiscal consolidation, Government debt management, Natural disasters, Nonperforming loans

Publication Details

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