01708cas a2200241 a 4500 AALejournalIMF016628 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498344968 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Western Hemisphere Dept. St. Lucia : 2015 Article IV Consultation-Press Release; and Staff Report. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (79 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students A moderate economic recovery is taking hold in St. Lucia. Favorable international conditions have contributed to improved demand for tourism, St. Lucia's main economic sector, and the external current account deficit has narrowed significantly. The authorities have made some progress in addressing a weak fiscal position. However, the financial sector continues to be impaired by nonperforming loans, public debt keeps rising, and unemployment remains very high, while external sector competitiveness continues to be weakened by an overvalued exchange rate, economies of scale disadvantages, and structural bottlenecks. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2016/052 Full text available on IMF http://elibrary.imf.org/view/journals/002/2016/052/002.2016.issue-052-en.xml IMF e-Library