St. Lucia : Staff Report for the 2002 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

May 23, 2003

Electronic Access:

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Summary:

This 2002 Article IV Consultation highlights that after growing by an average 3 percent a year in 1998–99, output for St. Lucia stagnated in 2000, and fell by an estimated 5¼ percent in 2001. This reflected a severe drought in 2001, as well as lower tourism activity owing to the global economic slowdown and terrorist attacks of September 2001. In 2002, no growth is expected as tourism was weak, and tropical storm damage prevented a stronger recovery in banana production.

Series:

Country Report No. 03/137

Subject:

English

Publication Date:

May 23, 2003

ISBN/ISSN:

9781451823172/1934-7685

Stock No:

1LCAEA0012003

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

43

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