Finance Administration Act (CAP 20:04) 2007 and Audit Act 2001

Saint Kitts and Nevis operates a Westminster-model fiscal framework anchored in the Finance Administration Act (CAP 20:04, 2007) and the Constitution of 1983. Arts. 74-75 of the Constitution establish the Consolidated Fund and appropriation requirements; Art. 80 creates the Auditor General as an independent constitutional officer; Art. 81 constitutes the Public Accounts Committee. The Audit Act 2001 (CAP 20:08) sets out the SAI mandate including performance audit scope. The Procurement and Contract (Administration) Act 2012 requires competitive tendering as the default procurement method. KN is unique in the OECS as a two-island federation: Chapter X of the Constitution grants the Nevis Island Assembly subsidiary fiscal powers — a two-tier fiscal structure not present in other OECS states. The FOI Act 2018 has been passed by the National Assembly but is NOT YET IN FORCE (commencement pending). No IFI or legislative budget office exists. Currency is the Eastern Caribbean dollar (XCD, fixed 2.70:1 USD; ECCB monetary union). Fiscal surpluses have been driven substantially by citizenship-by-investment (CBI) revenues, introducing structural revenue concentration risk noted by ECCB and IMF ECCU Article IV consultations. IBP OBS: not surveyed (small state below IBP threshold). Primary government websites (finance.gov.kn, nao.gov.kn) were ECONNREFUSED during batch. Score band: weak (47/100).

Transparency Requirements