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Wednesday, April 1, 2020

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“Critical” St. Jude Redevelopment Project to continue amid COVID-19 Fallout

Zero income from the tourism sector is expected by government for the next six months. Commenting on NTN on Monday evening on the fallout from COVID-19, Prime Minister Allen Chastanet predicted the end of August as the timeline for when tourists are expected to resume visiting Saint Lucia. In the meantime the Ministry of Finance is working with the Eastern Caribbean Central Bank, Caribbean Development Bank, World Bank and the International Monetary Fund, Chastanet said, in hopes of creating liquidity—cash to replace the loss of tax revenue.

Star Business Week

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