St. Lucia: Staff Concluding Statement of the 2024 Article IV Mission

December 6, 2024 Recent Developments and Outlook Growth is expected to pick up to 3.7 percent in 2024 on tourism expansion and revived construction activity and then moderate to 1.5 percent…

CDB, OECS, World Bank Working to Increase Procurement Opportunities for Caribbean Businesses

September 10, 2024 The Caribbean Development Bank (CDB, the Bank) in partnership with the Organisation of Eastern Caribbean States Commission (OECS) and the World Bank hosted a two-day event for…

Saint Lucians to Benefit from CDB-Funded Water Supply and Wastewater Improvement Project

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…

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…