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Following a strong rebound in 2021 from COVID-19 induced economic lows, global GDP growth in 2023 decelerated on account of tighter monetary policy to reduce inflation and spillovers from multiple crises including the continued war in Ukraine and the Israel-Hamas conflict in the Middle East. After a sharp slowdown in 2022, global growth is estimated to have slowed from 3.5 percent in 2022 to 3.1...[more]
Welcome to the Ministry of Finance, Economic Development and the Youth Economy Website.
The Government of Saint Lucia (GOSL), with funding from the World Bank, is implementing the OECS Data for Decision Making Project (ODDM) jointly with Grenada (GRE), and Saint Vincent and the Grenadines...[more]
The Government of Saint Lucia (GOSL), with funding from the World Bank, is implementing the OECS Data for Decision Making Project (ODDM) jointly with Grenada (GRE), and Saint Vincent and the Grenadines...[more]
Saint Lucia is faced with limited capacity and fiscal space, as well as high levels of exposure to economic and weather shocks. The country has had limited success in adequately preparing for public...[more]