March 19, 2024 The population served by Saint Lucia’s Water and Sewerage Company Inc (WASCO) is to benefit from a USD749,619 Caribbean Development Bank (CDB) investment aimed at improving the…
Category: SAINT LUCIA
IMF Executive Board Concludes 2023 Article IV Consultation with St. Lucia
March 12, 2024 On August 25, 2023, the Executive Board of the International Monetary Fund (IMF) concluded the 2023 Article IV consultation[1] with St. Lucia and considered and endorsed the…
St. Lucia: 2023 Article IV Consultation-Press Release; and Staff Report
March 12, 2024 The economy has rebounded strongly after the Covid-19 pandemic and the commodity import price shock due to Russia’s war in Ukraine; output is currently near the pre-pandemic…
CDB and GOSLU sign USD 7.6 million Agreement for Funding Youth Enterprise Programmes in Saint Lucia
October 17, 2023 The Caribbean Development Bank (CDB) and the Government of Saint Lucia (GOSLU) yesterday signed a USD7.6 million agreement to finance the Saint Lucia Youth Economy Project through…
CDB Supporting Increasing Export Capacity of Saint Lucia MSMEs
July 18, 2023 Two hundred Saint Lucian entrepreneurs, with support from the Caribbean Development Bank (CDB), will receive training to ensure they can more easily access export markets by complying…
This Island Empress is fighting her way to the top of the fashion world!
By: Staff Writer February 3, 2023 How does a young woman born in St Lucia find her way to Paris by way of London? She made the most of her…
Saint Lucia updates its Citizenship by Investment regulations to remain competitive in the investment migration industry
January 6, 2022 Saint Lucia has amended the regulations of its Citizenship by Investment Programme to remain increasingly competitive and ensure that the Caribbean country fulfils its mandate of growing…
Head of Saint Lucia Citizenship by Investment Unit, Mc Claude Emmanuel, woos investors at Private Wealth Forum in Florida
December 9, 2022 The head of Saint Lucia’s Citizenship by Investment Unit, Mc Claude Emmanuel, was in the United States of America recently for the 7th Annual Private Wealth Florida…
IMF Executive Board Concludes 2022 Article IV Consultation with Saint Lucia
November 22, 2022 On September 7, 2022, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Saint Lucia and endorsed the staff appraisal. St. Lucia…
Saint Lucia increases its production capacity to overcome dependency on food imports
November 11, 2022 In response to the global food crisis, Saint Lucia, a small island state in the Caribbean, has rolled out a number of government programmes to increase food…
Saint Lucia’s ratings re-affirmed with stable outlook
October 7, 2022 Caribbean Information and Credit Rating Services Limited (CariCRIS) has reaffirmed the ratings of CariBBB- (Foreign Currency and Local Currency Ratings) on its regional rating scale for the…
CDB Strengthening Saint Lucia’s Private Sector with Support to MSMEs
September 30, 2022 An estimated USD3.7 million has been committed by the Caribbean Development Bank (CDB) to support Saint Lucia’s Micro, Small & Medium Enterprises (MSMEs). Under a new initiative,…