St. Kitts and Nevis: Third Review Under the Stand-By Arrangement, Financing Assurances Review and Request for Waivers of Applicability--Staff Report and Press Release on the Executive Board Discussion

1KNAEA2012003 Image
Price:  $18.00

Release Date: © October, 2012
ISBN : 978-1-47551-309-7
Stock #: 1KNAEA2012003
English
Stock Status: On back-order

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Description

Economic activity is estimated to have softened below program expectations in January-March 2012, due to a continued contraction in the construction sector which dominated a relatively strong outturn in tourism. Despite this growth underperformance and the continued global uncertainty, the authorities have successfully implemented their home-grown economic program. While the outlook is for a moderate economic recovery, uncertain external conditions continue to present downside risks to growth.




More publications in this series: IMF Staff Country Reports