St. Lucia: Staff Report for the 2010 Article IV Consultations Informational Annex
Author: International Monetary Fund
Publication Date:
09 Apr 2010
eISBN:
9781455203611
Language:
English
Keywords:
ISCR; CR; consultations informational annex; consultation; deficit; outturn; article iv consultations informational annex; iv consultations informational annex
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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.

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St. Lucia: Staff Report for the 2010 Article IV Consultation
Author: International Monetary Fund
Volume/Issue:
Volume 2010: Issue 092
Publisher:
International Monetary Fund
ISBN:
9781455203611
ISSN:
1934-7685
Pages:
72
DOI:
https://doi.org/10.5089/9781455203611.002