IMF says St Kitts and Nevis stay-over arrivals exceed pre-pandemic levels with cruise recovery 'gradual' in 2026 Article IV

Wed, 13 May 2026 00:00:00 +0000

The International Monetary Fund’s 2026 Article IV Staff Report on St Kitts and Nevis concluded that stay-over tourist arrivals to the Federation have now exceeded pre-pandemic levels, with cruise arrivals continuing to recover gradually. The Fund characterised tourism performance as “resilient,” noting that the rebound has held despite persistent geopolitical instability, elevated travel costs, and continued uncertainty in international tourism markets.

The IMF’s framing puts the tourism file alongside several other endorsements the Federation drew this month — notably the four awards SKN’s revamped Citizenship by Investment programme picked up at the Caribbean Investment Summit in Saint Lucia, including Programme of the Year. The Drew administration has spent the past 18 months building out the country’s global visibility, including hosting the 50th Regular Meeting of CARICOM Heads of Government earlier this year and serving as CARICOM Chairman during that period. The Government has framed expanded destination marketing, strategic international partnerships, and product diversification beyond traditional leisure offerings as the strategy underlying the IMF’s “resilient” assessment.

IMF says SVG growth will converge to 2.7% medium-term as Middle East war worsens near-term outlook, Friday cautioned on tax compliance

Wed, 13 May 2026 00:00:00 +0000

The International Monetary Fund concluded its 2026 Article IV consultation with St Vincent and the Grenadines with a clear medium-term outlook: growth will decelerate from the 3.7 per cent recorded in 2025 and converge to 2.7 per cent over the medium term, with the near-term picture worsened by higher oil prices and weaker global demand stemming from the Middle East war. Mission chief Sergei Antoshin delivered the assessment at a joint press conference with Prime Minister and Finance Minister Godwin Friday in Kingstown at the end of the consultation period that ran April 21 to 28.

Article-Iv on The Tradewinds Brief

IMF says St Kitts and Nevis stay-over arrivals exceed pre-pandemic levels with cruise recovery 'gradual' in 2026 Article IV

IMF says SVG growth will converge to 2.7% medium-term as Middle East war worsens near-term outlook, Friday cautioned on tax compliance