St. Lucia: 2008 Article IV Consultation: Staff Report; Staff Supplement, and Public Information Notice on the Executive Board Discussion.

October 6, 2008

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Format: Chicago

St. Lucia: 2008 Article IV Consultation: Staff Report; Staff Supplement, and Public Information Notice on the Executive Board Discussion., (USA: International Monetary Fund, 2008) accessed September 19, 2024

Summary

St. Lucia’s 2008 Article IV Consultation underlies that progress has been made in reducing fiscal imbalances, yet public debt and debt servicing payments continue to rise. Tourism accounts for more than three-fourths of exports, and the import content of both consumption and foreign direct investment is high. Although the share of value added from the traditionally dominant agriculture sector has declined sharply in recent decades, crop exports support the incomes of much of the country’s large rural population.

Subject: Balance of payments, Capital spending, Current account deficits, Expenditure, External debt, Public debt, Revenue administration

Keywords: Appendix I. St. Lucia, Bottom, Broad money, Capital spending, Caribbean, CR, Current account deficits, Debt service, Deficit, Exchange rate, Global, ISCR, Private sector, St. Lucia authorities, U.S. dollar

Publication Details

Pages:

66
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2008/329
Stock No:

1LCAEA2008003
ISBN:

9781451823271
ISSN:

1934-7685

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