St. Lucia - Economic and Social Development Policy Loan Project

Page 1 PROGRAM INFORMATION DOCUMENT (PID) APPRAISAL STAGE Report No.: AB5735 Operation Name Economic and Social Development Policy Loan Region LATIN AMERICA AND CARIBBEAN Sector Central government administration (50%);General public administration sector (35%);General industry and trade sector (15%) Project ID P117016 Borrower(s) GOVERNMENT OF ST. LUCIA Implementing Agency INISTRY OF FINANCE Ministry of Finance 2nd Floor, Financial Centre Bridge Street St. Lucia Tel: (758) 468-5520 Fax: (758) 451-9231 minfin@gosl.gov.lc Date PID Prepared May 10, 2010 Date of Appraisal Authorization April 20, 2010 Date of Board Approval June 8, 2010 1. Key development issues and rationale for Bank involvement The proposed DPL/DPC supports policies and reforms that will assist the Government of St. Lucia in dealing with the emerging short term economic challenges and further advancing the country