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150128 ||| eng |
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|a 9781475591552
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245 |
0 |
0 |
|a St. Kitts and Nevis
|b Fifth and Sixth Reviews Under the Stand-By Arrangement, Request for Waiver of Nonobservance of Performance Criterion and Request for Waiver of Applicability; Staff Report; Press Release
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260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2014
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300 |
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|a 55 pages
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651 |
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4 |
|a St. Kitts and Nevis
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653 |
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|a Revenue administration
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653 |
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|a Credit
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653 |
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|a Public debt
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653 |
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|a Finance
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653 |
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|a Public finance & taxation
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653 |
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|a Monetary economics
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653 |
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|a Economic development
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653 |
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|a Debt Management
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653 |
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|a Monetary Policy, Central Banking, and the Supply of Money and Credit: General
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653 |
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|a Debts, Public
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653 |
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|a Debt
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653 |
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|a Exports and Imports
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653 |
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|a Arrears
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653 |
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|a International Lending and Debt Problems
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653 |
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|a International economics
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653 |
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|a External debt
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653 |
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|a Debts, External
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653 |
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|a Money
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653 |
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|a Sovereign Debt
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653 |
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|a Taxation, Subsidies, and Revenue: General
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653 |
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|a Economic growth
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653 |
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|a Macroeconomics
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653 |
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|a Economic Growth and Aggregate Productivity: General
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653 |
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|a Financial Risk Management
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653 |
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|a Public Finance
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653 |
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|a Money and Monetary Policy
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653 |
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|a Revenue
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710 |
2 |
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|a International Monetary Fund
|b Western Hemisphere Dept
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041 |
0 |
7 |
|a eng
|2 ISO 639-2
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989 |
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|b IMF
|a International Monetary Fund
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490 |
0 |
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|a IMF Staff Country Reports
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028 |
5 |
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|a 10.5089/9781475591552.002
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856 |
4 |
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|u https://elibrary.imf.org/view/journals/002/2014/049/002.2014.issue-049-en.xml?cid=41330-com-dsp-marc
|x Verlag
|3 Volltext
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082 |
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|a 330
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520 |
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|a This paper discusses St. Kitts and Nevis’ Fifth and Sixth Reviews under the Stand-By Arrangement (SBA), Request for Waiver of Nonobservance of Performance Criterion (PC) and Request for Waiver of Applicability. All fiscal program targets were met through the end of March 2013, partly thanks to strong receipts from the Citizenship by Investment program. However, the continuous PC on the nonaccumulation of government and guaranteed external arrears was missed by a minor amount because of temporary delays in payments. Three structural benchmarks were met at the end of December 2012 and the end of March 2013, while two benchmarks were met with delay. The IMF staff supports the authorities’ request for the completion of the fifth and sixth reviews under the SBA and the waiver of applicability
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