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St. Lucia : 2007 Article IV Consultation: Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion.
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ISBN: 1455292427 1452749655 1280895829 1452734674 9786613737137 Year: 2008 Publisher: Washington, D.C. : International Monetary Fund,

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Abstract

St. Lucia faces structural challenges that need to be addressed to raise growth durably and reduce poverty. Implementation of planned tax reforms is important to achieve fiscal sustainability. The government’s plans to accelerate tourism-related public investment carry significant risks. Competitiveness is a challenge, and structural reforms need to be accelerated to raise the economy’s growth potential. Strengthening the supervision of the financial sector is another priority. St. Lucia is one of the most disaster-prone countries in the world. Economic and social statistics need to be improved.

Keywords

Poverty --- Fiscal policy --- Tax policy --- Taxation --- Economic policy --- Finance, Public --- Destitution --- Wealth --- Basic needs --- Begging --- Poor --- Subsistence economy --- Government policy --- Saint Lucia --- Hagia Loukia --- ISenti-Lushiya --- Lùsíà Mímọ́ --- Masina Lucie --- Mutagatifu Lusiya --- Naomh Lùisia --- Noo Lucia --- Saint Lusia --- Sainte-Lucie --- San Lucia --- Sancta Lucia --- Sankta Lucio --- Sankte Lusia --- Sankti Lúsía --- Sanlusiyän --- Sant Lucia --- Sanṭ Lusiyah --- Sanṭ Lusyah --- Sant Lwsia --- Santa Lucia --- Santa-Lucie --- Santa Luċija --- Santa Lúsia --- Santa Lusiya --- Santa Lussìa --- Santa Luzia --- Santez-Lusia --- Saunt Lucia --- Seenti Luushiyaa --- Seĭnt Lusii︠a︡ --- Sen Lusia --- Sèng Lucia --- Senlu̇u̇sin Orn --- Sent Lisi --- Sent Liusėjė --- Sent-Li︠u︡si --- Sent-Li︠u︡sie --- Sent-Li︠u︡sii︠a︡ --- Sent-Lucio --- Sent Lüsii --- Sent Lusii︠a︡ --- Sent Lusija --- Sent-Lüsiya --- Senti-Lushiya --- Sentlūsija --- Sentorushia --- Sfânta Lucia --- Shën Luçia --- Sheng Luxiya --- Sint-Lusia --- St. Lucia --- St. Lusia --- Svätá Lucia --- Svatá Lucie --- Sveta Lucija --- Αγία Λουκία --- Света Луција --- Сент Лусия --- Сент-Люси --- Сент-Люсия --- Сент-Люсие --- Сент-Люсія --- Сейнт Лусия --- סנט לוסיה --- セントルシア --- 圣卢西亚 --- West Indies (Federation) --- Windward Islands (Jurisdiction) --- Economic conditions. --- Exports and Imports --- Foreign Exchange --- Macroeconomics --- Public Finance --- Industries: Hospital,Travel and Tourism --- Debt --- Debt Management --- Sovereign Debt --- National Government Expenditures and Related Policies: Infrastructures --- Other Public Investment and Capital Stock --- International Lending and Debt Problems --- Fiscal Policy --- Taxation, Subsidies, and Revenue: General --- Public finance & taxation --- International economics --- Hospitality, leisure & tourism industries --- Civil service & public sector --- Public debt --- Capital spending --- External debt --- Fiscal stance --- Revenue administration --- Expenditure --- Debts, Public --- Capital investments --- Debts, External --- Revenue

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