The UnitedPAC expresses concern over the Saint Lucia Labour Party's manipulation of economic data, particularly their misrepresentation of unemployment figures and IMF reports. While the IMF indicates a 0.5% economic growth for 2014, UnitedPAC stresses that the actual real growth rate was -0.7%. The organization remains committed to advocating for good governance and accountability in Saint Lucia.

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November 19th, 2015
FOR IMMEDIATE RELEASE
THE SAINT LUCIA LABOUR PARTY GOVERNMENT CONTINUES TO
GRASP ON STRAWS
CASTRIES, Saint Lucia – The UnitedPac is growing increasingly concerned at
the Saint Lucia Labour Party’s desperation to grab at anything that sounds like
something good is happening in St. Lucia. After their failed attempt in spinning
quarterly unemployment figures as annual figures, they have now latched onto
the latest 24th November IMF report which states that our economy grew by
0.5 percent in 2014.
A detailed look at the report shows that this figure is based on market prices,
which does factor the effect of price change. When comparing year-to-year
growth rates, the ideal is the Real growth rate, which was -0.7 in 2014 and
which was correctly reported by the PM during his Budget speech this year.
Is the PS of Finance another spin-doctor for the Saint Lucia Labour Party? The
IMF report did state that he the PS of Finance met with the delegation.
The Saint Lucia Labour Party can spin all they want but they will never get the
people of this country confused. The UnitedPac will continue to agitate for
good governance and accountability for the people of this great country. We
know what we feel and it is quite clear that this country is in reverse.
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Spokesperson: Jenny Banks
Contact: 17585191650
Email: unitepacstlucia@gmail.com