SAINT LUCIA ECONOMIC RECOVERY AND RESILIENCE PLAN

The Economic Recovery and Resilience Plan (ERRP) is the third of Saint Lucia's three-pronged response strategy to combat the COVID-19 pandemic and seeks to chart a comprehensive roadmap for the recovery of Saint Lucia. The ERRP consists of six (6) pillars, which covers a total of thirty-two (32) interventions that have been developed and defined as 32 Priority Actions to Safeguard lives and livelihoods and to build a More Secure Future for Saint Lucia. This menu of initiatives is expected to assist every segment of the Saint Lucian society to weather the impact of COVID-19. While the measures presented in the Plan are geared towards stemming the economic contraction and curtailing the impact of the pandemic, the Government remains committed to its medium to long-term development goals.

The ERRP primarily seeks to achieve the following six (6) objectives aligned to six (6) pillars:

1.     Stimulate the Economy - Curtail the impact of both global and domestic economic contraction on the economy, by providing a suite of fiscal policy interventions that will enable private sector business continuity and afford an environment for economic growth and expansion;

2.     Fast Track Shovel Ready Projects - Drive economic activity through the deliberate commencement and continuation of public sector capital investment projects;

3.     Strengthen Social Protection - Protect the poor and most vulnerable segments of the Saint Lucian population and mitigate further deterioration in the quality of life;

4.     Building Protective Sector Resilience - Accelerate reforms that will build the resilience of the private and public sectors, by leveraging the adoption of Information and Communications Technology within the productive sectors;

5.     Strengthen Health Resilience - Strengthen the Health System to respond to viral outbreaks, and improve the health resilience of the Saint Lucian population; and

6.     Disaster Risk and Climate Change - Build the resilience of Saint Lucia to natural disasters and hazards.

https://www.errp.info/