Published 17 April 2017
BASSETRERRE, ST. KITTS, April 16th 2017 – The Washington-based International Monetary Fund (IMF) is to hold talks with Leader of the Opposition, the Right Hon. Dr. Denzil L. Douglas.
The IMF officials will meet with Dr. Douglas, the former Prime Minister and Minister of Finance and members of the Federal Parliamentary on April 26th.
Members of the Parliamentary Opposition comprise lawmakers representing the Nevis Reformation Party (NRP) and the St. Kitts-Nevis Labour Party (SKNLP), the largest political party in the Federation.
During the April 18th to May 3rd visit, the IMF delegation will also meet with the Prime Minister and the Federal Cabinet, the Premier of Nevis and the NIA Cabinet, officials of the Ministry of Finance and relevant ministries, the St. Kitts and Nevis Chamber of Industry and Commerce, bankers, the Eastern Caribbean Central Bank (ECCB), and other interested groups and individuals.
The international financial institution consults annually with each member government through contacts, known as “Article IV Consultations,” during which the IMF attempts to assess each country’s economic health and to forestall future financial problems.
St. Kitts and Nevis became a member of the IMF in 1983.
FILE PHOTO: (from left to right: Bahamian Minister of State for Finance Michael Halkitis, Grenadian Prime Minister Keith Mitchell, St Kitts and Nevis’ Prime Minister Dr. Denzil Douglas, IMF Managing Director Christine Lagarde, Trinidad and Tobago’s Central Bank Governor Jwala Rambarran, Guyanese Finance Minister Dr Ashni Singh, Jamaican Finance Minister Michael Phillips and IMF Deputy Managing Director Min Zhu
