Basseterre, St. Kitts – Nevis
February 12, 2008 (CUOPM)
Deputy Managing Director at the Washington-based International Monetary Fund (IMF), Murilo Portugal says macroeconomic outcomes in St. Kitts and Nevis have strengthened markedly in recent years.
The IMF official, who was in St. Kitts to attend last week’s meeting of the Eastern Caribbean Central Bank Monetary Council held talks with St. Kitts and Nevis Deputy Prime Minister Hon. Sam Condor and Premier of Nevis, Hon. Joseph Parry.
In a statement on his discussions with the local authorities, the IMF official noted that “growth has rebounded, foreign direct investment accelerated, and fiscal balances improved” in St. Kitts and Nevis.