Basseterre, St. Kitts, August 8, 2013) Policy-makers in St. Kitts-Nevis have proven once again that being the smallest independent nation within the Eastern Caribbean – both in terms of land mass and population – does not have to be a liability.
In an era of grueling economic conditions worldwide, St. Kitts-Nevis has been identified by the International Monetary Fund as the OECS nation that is expected to register the highest rate of economic growth in 2013.
With all OECS nations clearly doing their best to protect their people from the ravages of the global economic crisis, and with many of the region’s challenges emanating outside the region, it is St. Kitts-Nevis whose policies, performance, and investment projects hold the greatest potential for strong upward movement during Fiscal Year 2013.
With a growth rate of 0.5% projected for Grenada, 0.1% for St. Vincent & the Grenadines, 1.1% for St. Lucia, 1.3% for Dominica, 1.7% for Antigua & Barbuda, and 0.5% for Barbados, the IMF projects growth of some 1.9% for St. Kitts-Nevis.
It is also worthy of note that for several years now, the Federation of St. Kitts-Nevis has repeatedly led the nations of the Eastern Caribbean and Barbados where manufactured exports to the United States are concerned.