SLP PROPAGANDA FACT CHECKER – LIE DETECTOR
SLP TELLS YOU THE TRUTH
The World is in crisis.
The IMF said in its 2011 report that
Saint Lucia weathered the global
financial crisis well. The World
global economy enjoyed Real GDP
growth of 3.2%. Tourist arrivals
started to soar from 2010 with SLP
boasting of record arrivals in 2012.
CDB projects growth in 2014 for
almost every country in the region
except Saint Lucia. The driver just
We inherited a messed up
economy from the UWP
UWP brought you growth in 2006-
2011 except in 2009 when the
whole world suffered decline.
Growth was impossible. Growth
was projected for 2012 by the IMF.
Debt was contained by the UWP to
only $685.2M over five years. SLP
borrowed $258.1M in 2012 alone!
UWP inherited Debt to GDP in
2006 at 65.5% and handed over to
SLP at 68.5%adding only 3%; CDB
is reporting 89%at the end of 2013
which speaks of 20.5%increase.
Jadia calls CDB a liar and says it is
74%which amounts to a 5.5%in just
2 yrs already surpassing the
UWP’s five years increase!