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St. Lucia-Request for Disbursement under the Rapid Credit Facility and Emergency Natural Disaster Assistance-Staff Report, Staff Supplement, Press Release and Statement by the Executive Director for St. Lucia.

Author: International Monetary Fund
Publisher: Washington : International Monetary Fund, 2011.
Series: IMF Staff Country Reports.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
St. Lucia faces significant policy challenges in the aftermath of Hurricane Tomas. It is experiencing an urgent balance of payments need that would result in a severe economic disruption. The government is focused on achieving medium-term debt sustainability. The policies outlined tackle urgent rebuilding needs and appropriately aim to maintain macroeconomic stability. Executive Directors support the request for  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Fund, International Monetary.
St. Lucia-Request for Disbursement under the Rapid Credit Facility and Emergency Natural Disaster Assistance-Staff Report, Staff Supplement, Press Release and Statement by the Executive Director for St. Lucia.
Washington : International Monetary Fund, ©2011
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: International Monetary Fund
ISBN: 9781463988760 1463988761
OCLC Number: 876510400
Notes: Letter of Intent.
Description: 1 online resource (39 pages).
Contents: Cover; Executive Summary; Contents; I. Background; II. Economic Performance Prior to Hurricane Tomas; III. Economic Impact of the Hurricane; IV. Policy Response and Discussions; V. Access and Capacity To Repay; VI. Staff Appraisal; Tables; 1. Selected Social and Economic Indicators, 2006-11; 2. Operations of the Central Government, 2006-15; 3. Operations of the Central Government, 2006-15; 4. Balance of Payments Summary, 2006-15; 5. Monetary Survey, 2004-10; 6. Indicators of External and Financial Vulnerability, 2005-10; 7. Indicators of Capacity to Repay the Fund, 2010-21; Attachment.
Series Title: IMF Staff Country Reports.

Abstract:

St. Lucia faces significant policy challenges in the aftermath of Hurricane Tomas. It is experiencing an urgent balance of payments need that would result in a severe economic disruption. The government is focused on achieving medium-term debt sustainability. The policies outlined tackle urgent rebuilding needs and appropriately aim to maintain macroeconomic stability. Executive Directors support the request for funds based on the extent of the damage caused, the associated urgent balance of payments need, and the government's commitment to limit the increase in capital spending.

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