The main objective of Saint Lucia’s public debt management is to meet Government financing requirements at a minimum cost with a prudent degree of risk. In keeping with this objective, the Government through the Ministry of Finance, Economic Growth, Job Creation, External Affairs and Public Service is committed to pursuing a debt management strategy aimed at fulfilling this objective. The Debt and Investment Unit (DIU) is the Government of Saint Lucia’s primary agent responsible for managing the country’s public debt.
The Public Debt Management Policy is an effort to manage and guide Saint Lucia’s debt management practices and to correct the shortcomings of the current public debt framework. The PDMP establishes a robust legal framework which sets out the authority to borrow, specifies the purpose of borrowing, establishes clear debt management objectives, requires the preparation of a debt management strategy, and requires mandatory reporting on debt management performance.
The Government of Saint Lucia has designated the City of Castries as a Tourism Product with
tremendous potential to increase visitor spending. As such the improvement of the Castries
City Product has been deemed a priority for Saint Lucia with investments targeted towards
improving sites and attractions, as well as undertaking activities aimed at making downtown
Castries more pleasant and attractive to Saint Lucian residents and tourists.
This report establishes the first milestone in a partnership between the Government of Saint Lucia (GoSL), the United Nations Office for Project Services (UNOPS) and the University of Oxford-led Infrastructure Transitions Research Consortium (ITRC). The purpose of the report is to establish a vision for the island’s future infrastructure aligned with the Sustainable Development Goals and the Paris Agreement on climate change. Long-term demand for infrastructure services in Saint Lucia is projected to increase as it pursues economic ambitions to grow its tourism and agriculture sectors
AN ACT to repeal Title IX on bankruptcy of the Commercial Code, Cap. 13.31 and
make new provisions for the regulation of insolvency, for corporate and individual
insolvency, to provide for the rehabilitation of the insolvent debtor, to create the office of
Supervisor of Insolvency and for related matters.