PRESS RELEASE – The Saint Lucia Labour Party congratulates Prime Minister and Minister of Finance Dr. Kenny D. Anthony and the Labour Government on its control of the economic levers of the country over the last four (4) years which has now resulted in the return to positive GDP growth in our; as announced in the latest report on Saint Lucia by the International Monetary Fund (IMF).
According to a recent IMF report, on the back of a strong tourism inflow and lower oil prices, the Saint Lucian economy has returned to growth after experiencing a recession in 2012 and close to zero growth in 2013.
The IMF reports that GDP growth reached 0.5 per cent in 2014 and is expected to accelerate to 1.6 per cent in 2015 driven by Tourism and Transportation services.
The Party notes with great pride that the country has recorded growth in Tourism, Construction, Manufacturing and Agriculture. Inflation has declined and our fiscal performance has improved.
The SLP expresses gratitude to the voters of St. Lucia for the confidence with which they returned the management of the country to the Labour Party in 2011 and remains confident that the Labour Administration will continue to make our country proud.