St. Lucia gov’t reject IMF Programme

YES. Reject the IMF! is sheer punishment for poor people. let them find their $$ some other way.

TIMES CARIBBEAN ONLINE

St.Lucia Prime Minister Dr. Kenny Anthony St.Lucia Prime Minister Dr. Kenny Anthony

St. Lucia Prime Minister, Dr. Kenny Antony has defended his decision not to follow into the footsteps of some regional governments and not taking his island into a programme of austerity measures with the Washington-based International Monetary Fund (IMF).
He made the statement while wrapping up debate in the St. Lucian Parliament on the 2015-2016 Appropriation Bill in the face of criticisms from members of the Opposition who claimed that those countries that are under an IMF programme are seeing economic growth.
During her presentation, Opposition Leader Dr. Gale Rigobert accused Dr. Antony who is also the country’s Minister of Finance of being responsible for another period of economic contraction.
The St. Lucia budget indicated that the Gross Domestic Product (GDP) contracted by an estimated 0.7% or negative growth of minus 2.7%.
The Members of the Opposition told the House of Representatives that the…

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