St. Lucia : Staff Report for the 2010 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

April 9, 2010

Electronic Access:

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Summary:

This 2010 Article IV Consultation highlights that macroeconomic outcomes have weakened significantly for St. Lucia. Real GDP is estimated to have contracted by 5.2 percent in 2009, reflecting a sharp decline in visitor arrivals and construction activity related to foreign direct investment. For 2010, the outlook is for a nascent recovery, supported by higher advance hotel bookings and additional flights to the island. Against this backdrop, Executive Directors have welcomed the authorities’ commitment to implement a credible fiscal framework to achieve fiscal sustainability.

Series:

Country Report No. 10/92

Subject:

English

Publication Date:

April 9, 2010

ISBN/ISSN:

9781455203611/1934-7685

Stock No:

1LCAEA2010001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

72

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