Saint Kitts and Nevis

Saint Kitts and Nevis

Saint Kitts and Nevis

Saint Kitts and Nevis is a high income country and a small open economy. The country's economy is in profound change. The export of sugar has been abandoned in favour of the promotion of the service sector. This financial imbalance intensified the impact of the global economic and financial crisis on the local economy, increasing the vulnerability of the island in terms of poverty and unemployment.

Cooperation 2014-2020

Under the 11th European Development Fund (EDF), Saint Kitts and Nevis benefits from €2.8 million which will focus on the developing of a sustainable energy sector, with an emphasis on renewable energy and energy efficiency.

Cooperation 2008-2013

Under the 10th EDF, Saint Kitts and Nevis was allocated €4.5 million in favour of improving the security and safety programme in the country.

As a member of the Caribbean Community (CARICOM) and the Forum of the Caribbean Group of African, Caribbean and Pacific ACP States (CARIFORUM), Saint Kitts and Nevis benefits from regional programmes funded under the Caribbean Regional Indicative Programmes.

Saint Kitts and Nevis is also a signatory of the CARIFORUM-EU Economic Partnership Agreement (EPA), a comprehensive free trade agreement with a strong focus on development cooperation.

Selected results achieved with EU support through projects and programmes completed between mid-2014 and mid-2015 for Montserrat, St Vincent and Grenadine, Barbados, Anguilla, St Kitts and Nevis

Inclusive Growth and poverty reduction

  • 20 affordable housing units were constructed in Montserrat and outfitted with essential amenities (kitchen, toilet and bath, bedroom)

Transport

  • 2.7 km roads granting access to 4 touristic sites in St Vincent & the Grenadine have been upgraded

Employment and Social Protection

  • The Maritime/Hospitality Institute to train youth for the hospitality and cruise ship industry in St Vincent & the Grenadine has been constructed, equipped and is operational
  • 10 000 people in Barbados have enrolled in continuing education programmes
  • 35 people in Anguilla participated in in adult technical vocational education and training (TVET), which represents an increase from 170 persons in 2011 to 205 persons in 2012
  • A national social protection strategy and action plan 2012-2017 for St. Kitts and Nevis was produced and approved. It establishes the main priorities for the social protection reform and the creation of a sustained comprehensive and integrated social protection system

Public Finance Management

  • The Anguilla Procurement Act has been enacted and published by House of Assembly, and a Procurement Board has been established

Education

  • 30 teachers in Anguilla completed in-service training