Basseterre, Feb 17 (Bernama-GLOBE NEWSWIRE) — The latest International Monetary Fund (IMF) report that was released in January 2023, indicates a projected growth of 4.5 per cent for the nation of St Kitts and Nevis this year. This growth is supported by a steady recovery from the tourism sector and various service sectors.
The report also found that the country’s Citizenship by Investment Programme also played a role in supporting the Twin Federation’s growth. The current St Kitts-Nevis Labour Administration Party under the leadership of Prime Minister, Dr Terrance Drew, has made very well-considered changes to the country’s investment migration programme in attempts to transform the economy into a Sustainable Island State, as highlighted in the 2023 Budget Address.