St Kitts-Nevis PM stays away from IMF/World Bank meetings; continues to block report on the local economy

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Dr Timothy Harris, St Kitts and Nevis' Prime Minister and Minister of Finance

WASHINGTON, USA – St Kitts and Nevis’ prime minister and minister of finance, Dr Timothy Harris, who has been blocking the publication of the IMF article IV consultation on the economy of the twin-island federation, was absent from the IMF/World Bank spring meetings last week.

The spring meetings of the boards of governors of the International Monetary Fund (IMF) and the World Bank Group (WBG) bring together central bankers, ministers of finance and development, parliamentarians, private sector executives, representatives from civil society organizations and academics to discuss issues of global concern, including the world economic outlook, poverty eradication, economic development and aid effectiveness.

Harris, who has been absent from some international and regional meetings, but his office gave no reason for him not attending the meetings. Approximately 2,800 delegates from the countries like St Kitts and Nevis that are members of the World Bank, 350 observer organization representatives and 800 members of the press attended the meetings. Approximately 550 accredited civil society members also participated in the Meetings held April 10 and 11.

For the past seven months, Harris has been blocking the publication by the IMF of the Article IV Consultation-Staff report on the economy of St Kitts and Nevis.

“The authorities (government of St Kitts and Nevis) have not consented to publication of the staff report and the related press release,” the IMF said in a statement posted on its website in September.

An IMF team led by Arnold McIntyre, deputy division chief in the Caribbean division at the IMF’s Western Hemisphere Department visited St Kitts and Nevis late June early July and submitted its report to the IMF’s executive board for discussion. The board’s views are subsequently summarised and transmitted to the country authorities.

The IMF said that on September 14, 2018, the executive board of the IMF concluded the consideration of the Article IV consultation with St Kitts and Nevis but “the authorities have not consented to publication of the staff report.”

The IMF staff report remains off limits to the people of St Kitts and Nevis.

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5 COMMENTS

  1. When Harris was in opposition I had great regard for him, but recently his behavior worries me, to say the least.

    His snide sitting with Gonsalves at a recent ULP rally that very picture is worth a million words.

    Now the blocking of the IMF report stinks also.

    Like Gonsalves he has doubled in size. That worries me also, it’s a sign of greed.

  2. Why does he need to bury the truth, where is the transparency that citizens deserve?

    Transparency defined:

    “A situation in which business and financial activities are done in an open way without secrets so that people can trust that they are fair and honest. In its simple sense, business transparency means clear, unhindered honesty in the way the s/he does business. But it is more than that. One business dictionary defines transparency as “a lack of hidden agendas or conditions accompanied by the availability of full information required for collaboration, cooperation, and collective decision making. The same source describes it as “an essential condition for a free and open exchange whereby the rules and reasons behind regulatory measures are fair and clear and clear to all participants.” Meanwhile, other sources define transparency as “the full, accurate and timely disclosure of information”.

    Source: http://www.businessdictionary.com /definition/transparency.html

    Get yourself on a diet the blubber is replacing your brain, structural imaging studies also have uncovered lower total GM volumes and reduced regional GM volumes in the OFC of the obese relative to lean controls.

    In other words the fatter you are the more stupid you are.

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