Home / News Updates / CDB PREDICTS 3% GROWTH FOR ST LUCIA’S ECONOMY

CDB PREDICTS 3% GROWTH FOR ST LUCIA’S ECONOMY

The Caribbean Development Bank (CDB) says economic activity in Saint Lucia dropped to 0.6% in 2018, from 3.7% in 2017. The Barbados-based bank says this slowdown is mainly due to a significant downturn in the construction sector, but is predicting a 3% economic growth for Saint Lucia in 2019. The CDB recently released 2018 economic reviews for all borrowing member countries.

Check Also

RAISE YOUR VOICE OUTRAGED OVER LATEST RAPE CAS

Catherine Sealys of raise your voice Saint Lucia has expressed outrage over reports of the …

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.