St. Lucia: 2017 Article IV Consultation-Press Release and Staff Report
International Monetary Fund. Western Hemisphere Dept.
Mar 2017 · International Monetary Fund
Ebook
75
Pages
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About this ebook
Despite some limited improvement in labor market conditions, unemployment remains high and growth modest as low competitiveness and structural bottlenecks continue to weigh on economic performance. Slow progress in addressing financial sector problems has left banks loaded with impaired assets and unable to support the economy. The new government is developing a program of pro-growth reforms, but policies have not yet been defined.
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