Saint Lucia Honeymoons Help Boost Country's Economic Standing

Saint Lucia honeymoons are one of the main factors responsible for the island's status as the largest economic power in the eastern Caribbean. The resort's warm climate and idyllic views make it an ever-popular destination for newlyweds.
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London, United Kingdom (prHWY.com) January 22, 2013 - Saint Lucia honeymoons are one of the main factors responsible for the island's status as the largest economic power in the eastern Caribbean. The resort's warm climate and idyllic views make it an ever-popular destination for newlyweds, whose custom has helped boost the country's economy to its present standing.

The island was awarded the distinction in question last month, when the IMF met with government officials to approve the introduction of a VAT system. According to the regulating entity, this measure will help modernise the country's economy, but may not be enough to sustain its meteoric growth in recent years.

During the meeting in question, the IMF team and the Saint Lucia government representatives discussed how best to balance the island's economy so that it will not depend strictly on Saint Lucia honeymoons and other aspects of the tourist trade, and will instead be able to stand on its own as it continues to grow. The answer should lie in a mix of public spending, financial reforms, and investments in education and employment opportunities, with a view to reaching the Eastern Caribbean Currency Union-wide debt target of 60 percent of gross domestic product (GDP) by 2020.

To book Saint Lucia honeymoons, visit Cap Maison at http://www.capmaison.com or call them on +44 (0)20 8614 0077.

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Tag Words: saint lucia honeymoons
Categories: Travel

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