THE STAR BUSINESSWEEK NOVEMBER 3, 2018
WWW.STLUCIASTAR.COM
PROJECTIONS VS POTENTIAL:
SAINT LUCIA AND THE IMF’S 3.4% GROWTH FORECAST BY ED KENNEDY, STAR BUSINESSWEEK CORRESPONDENT
When it comes to the International Monetary Fund’s (IMF) recent assessment of Saint Lucia, readers of The STAR Businessweek have much to be excited about. The IMF’s recent Regional Economic Outlook gave kudos to the strong performance of the tourism sector especially, for having been a key driver of broader economic growth. The most recent report followed on from the in-depth examination of Saint Lucia under the IMF’s Article IV consultations, seeing it also single out (alongside tourism) foreign direct investment and the increased investment in infrastructure as core elements of the nation’s economic momentum.
Mauritius at 50 provides textbook example of move up value chain A few years after Mauritius became independent half a century ago, the Trinidad-born writer VS Naipaul visited the Indian Ocean island 1,200 miles off the south-east coast of Africa. He was not impressed Pages 3 & 7
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Seychelles sells world’s first blue bond in ‘dolphin debt’ deal The tiny island nation of Seychelles has become the first country to raise funds in the bond markets to protect dolphins and other marine life, in a deal which also involves the World Bank and the Prince of Wales Page 7