Saint Lucia has been named as one of the countries at risk of “current government external debt crisis”, according to a new analysis by the Jubilee Debt Campaign in the United Kingdom.
The country was not initially listed in a Business Insider report dated July 11, 2015 that named five other Caribbean countries which falls under the same listing.
The other Caribbean countries are: Grenada, Saint Vincent and the Grenadines, Jamaica, and the Dominican Republic.
Central American countries such as: Belize, Costa Rica, and El Salvador were also among countries that are currently in government external debt crisis — similar to Greece’s situation, though not at the same level.
The Commonwealth of Dominica was the only Caribbean nation among the 14 countries spiraling towards a “government debt crises”, according to the report.
No other Central American country is at risk of a government external debt crisis. Jubilee Debt Campaign is part of a global movement demanding freedom from the slavery of unjust debts and a new financial system that puts people first, according to the report.
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