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St. Lucia; 2002 Article IV Consultation—Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for St. Lucia

This 2002 Article IV Consultation highlights that after growing by an average 3 percent a year in 1998–99, output for St. Lucia stagnated in 2000, and fell by an estimated 5¼ percent in 2001. This reflected a severe drought in 2001, as well as lower tourism activity owing to the global economic slowdown and terrorist attacks of September 2001. In 2002, no growth is expected as tourism was weak, and tropical storm damage prevented a stronger recovery in banana production.
Year of publication:
2003-05-23
Institutions: International Monetary Fund (IMF) ; International Monetary Fund
Subject: Article IV consultations | Economic conditions | St. Lucia | public debt | public finances | external debt | current account | fiscal consolidation | debt service | government deficit | balance of payments | public sector debt | tax base | tax revenue | fiscal years | current account balance | tax reform | central bank | fiscal adjustment | debt-service | debt sustainability | budget deficit | fiscal position | repayments | debt management | fiscal revenue | government budget | public and publicly guaranteed | fiscal policy | tax rates | debt sustainability analysis | capital expenditure | fiscal sustainability | government budget deficit | public expenditure | current account deficit | fiscal incentives | debt service payments | tax policy | amortization payments | external borrowing | tax system | principal repayments | fiscal policies | unstable debt dynamics | central government budget deficit | domestic saving | central government budget | debt-service obligations | debt dynamics | domestic debt | public and publicly guaranteed debt | general resources account | public external debt | fiscal revenues | fiscal convergence | debt ratio | fiscal liabilities | external short-term debt | government revenue | current account deficits | tax systems | tax adjustment | debt buildup | central government expenditure | prudent fiscal policy | total external debt | current account surplus | commercial debt | short-term debt | public sector borrowing | fiscal data | fiscal accounts | debt management strategy | fiscal consideration | government expenditure | taxation | stock of debt | debt unit | external public debt | loan disbursements | fiscal management | account deficits | external loans | fiscal stability | fiscal issues | fiscal transparency | government debt
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Extent:
application/pdf
Series:
Type of publication: Book / Working Paper
Notes:
The text is part of a series IMF Staff Country Reports Number 03/137 4 pages long
Source:
Persistent link: https://www.econbiz.de/10005768392
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