AGP Executive Report
Last update: 4 hours agoEconomic Outlook: The IMF says Caribbean growth remains resilient, helped by tourism, remittances and commodity prices, but high public debt, subdued medium-term prospects and rising food and energy costs remain risks. Saint Lucia’s 2026 inflation forecast is 2.9%. US-Caribbean Ties: Washington announced US$340.3 million in regional commitments for connectivity, health and security, including US$175.8 million for submarine cables. CARICOM Chair and Prime Minister Philip J. Pierre urged cooperation that delivers affordable energy, jobs and investment; the package is regional, not a direct allocation to Saint Lucia. Trade and Small Business: Export Saint Lucia CEO Sunita Daniel was elected chair of Caribbean Export, while a CDB-backed project will help MSMEs in Saint Lucia and four other countries adopt digital tools and compete in wider markets. Tourism: Saint Lucia’s tourism businesses and destination secured 38 international honours. The OECS says the sector must retain more visitor spending locally and connect more farmers, fishers and small businesses to the tourism value chain.
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