Format:
1 Online-Ressource (circa 55 Seiten)
,
Illustrationen
ISBN:
1513530585
,
9781513530581
Series Statement:
IMF country report no. 15/297
Content:
This paper discusses St. Kitts and Nevis’ Ex Post Evaluation of Exceptional Access Under the 2011 Stand-by Arrangement. The program focused on (1) an ambitious fiscal consolidation, (2) a comprehensive debt restructuring, and (3) a further strengthening of the financial sector. These goals aimed to address the key issues behind the debt crisis, and the potential financial sector outcomes of the restructuring. The program had many successes. The debt reduction was one of the largest in recent times, the headline fiscal and current account balances improved substantially, important tax and public financial management reforms were enacted, and sovereign risk was removed from the banks. Robust growth also resumed
Additional Edition:
Erscheint auch als Druck-Ausgabe 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 Washington, D.C. : International Monetary Fund, 2015 ISBN 9781513530581
Language:
English
Keywords:
Graue Literatur
DOI:
10.5089/9781513530581.002
