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Impact of economic crisis on poverty examined in Saint Lucia

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Contact: Claudia Monlouis


Wednesday, July 29, 2009 – The impact of the current global economic crisis on poverty in Saint Lucia and ways and means to mount responses and interventions are some of the areas of strategy development that a National Poverty Reduction Strategy Stakeholders Workshop examined on Tuesday.


Permanent Secretary in the Ministry of Social Transformation Donovan Williams says the scope of poverty on the island has broadened.


“In all of the statistics that we've had over the years and if you look at the 2005 volume, for me the most revealing statistic is not the 20 percent of households that's poor, but the 40.3 % deemed to be vulnerable. What this said was that quite apart from the number of persons who are poor, it identified another strata of households within the population that could become poor by virtue of and shock,” he said.


Among those who may now find themselves on the vulnerable list, according to Mr. Williams, are hospitality sector workers, mainly because of the impact of the financial crunch on that sector.


The National Poverty Reduction Strategy Stakeholders Workshop was conducted at the NIC Conference Room.

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