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

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 rebu...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2011
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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300 |a 36 pages 
651 4 |a St. Lucia 
653 |a Fiscal stance 
653 |a Credit 
653 |a Public debt 
653 |a Public finance & taxation 
653 |a Natural Disasters and Their Management 
653 |a Monetary economics 
653 |a Natural Disasters 
653 |a Environment 
653 |a Debt Management 
653 |a Climate 
653 |a Monetary Policy, Central Banking, and the Supply of Money and Credit: General 
653 |a Fiscal Policy 
653 |a Debts, Public 
653 |a Debt 
653 |a Exports and Imports 
653 |a Fiscal policy 
653 |a International Lending and Debt Problems 
653 |a International economics 
653 |a External debt 
653 |a Debts, External 
653 |a Money 
653 |a Sovereign Debt 
653 |a Global Warming 
653 |a Macroeconomics 
653 |a Natural disasters 
653 |a Public Finance 
653 |a Money and Monetary Policy 
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520 |a 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