Title St. Kitts and Nevis : ex post evaluation of exceptional access under the 2011 stand-by arrangement: press release: staff report: and statement by the Executive Director for St. Kitts and Nevis

Published Washington, D.C. : International Monetary Fund, ©2015

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Description 1 online resource (pages) : color illustrations Series IMF country report ; no. 15/297 IMF country report ; no. 15/297. Summary Debt peaked at around 160 percent of GDP in 2010, and had been considered unsustainable since 2006. The sharp downturn coinciding with the global financial crisis created a large financing gap forcing a debt restructuring and exceptional access to Fund resources. The programmed mix of financing and adjustment was reasonable---the fiscal adjustment was large and frontloaded, as was the financing from the Fund and through the restructuring Notes "October 2015." "Prepared by an interdepartmental team consisting of Nathan Porter, Diana Ayala, Erica Tsounta, Kevin Greenidge, and Mario Mansill"--Page 2 of pdf Bibliography Includes bibliographical references Notes Online resource; title from pdf title page (IMF Web site, viewed October 29, 2015) Subject International Monetary Fund -- Saint Kitts and Nevis SUBJECT International Monetary Fund fast Subject Debt -- Saint Kitts and Nevis Debt relief -- Saint Kitts and Nevis Economic assistance -- Saint Kitts and Nevis Fiscal policy -- Saint Kitts and Nevis Debt Debt relief Economic assistance Fiscal policy Arrears. Debt Restructuring. Debt. Investment. Monetary fund. Saint Kitts and Nevis Saint Kitts and Nevis. Form Electronic book Author Porter, Nathan, 1971- (IMF staff) Ayala, Diana, (IMF staff) Tsounta, Erica, (IMF staff) Greenidge, Kevin, (IMF staff) Mansill, Mario, (IMF staff) International Monetary Fund. ISBN 1513530585 9781513530581 ISSN 1934-7685

Other Titles St. Kitts and Nevis, ex post evaluation of exceptional access under the 2011 stand-by arrangement

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