This Debt Sustainability Analysis paper for St. Lucia was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on January 10, 2003. The views expressed in this document are those of the staff team and do not necessarily reflect the views of the government of St. Lucia or the Executive Board of the IMF.
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Prepared by the Western Hemisphere Department (In consultation with other departments)
Approved by Anthony R. Boote and Matthew Fisher
January 10, 2003
This report provides background information for the discussion in (SM/03/10), on fiscal and external debt sustainability. The staff prepared a standard set of sensitivity tests around the adjustment scenario presented in Appendix V to the staff report, as well as for a scenario based on unchanged fiscal policies. The methodology used reflects that recently endorsed by the Executive Board.1