European Parliament Library

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

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
Table Of Contents
Cover; Executive Summary; Contents; I. Background and Recent Economic Developments; II. Policy Discussions; A. Broadening the Bases of Economic Growth; B. Fiscal Consolidation and Debt Sustainability; C. External Stability; D. Real and Financial Sector Vulnerabilities; E. Other Issues; III. Staff Appraisal; Boxes; 1. The 2008/09 Budget; 2. Current Account Deficit; 3. Unregulated Investment Schemes in St. Lucia; Figures; 1. Macroeconomic Developments, 1985-2007; 2. Inflation Developments, 2000-07; 3. Fiscal Developments, 1990/91-2007/08; 4. Evolution of Public Debt, 2002-07
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (68 p.)
Specific Material Designation
Form Of Item

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