Report No. 8320-STV

St. Vincent and the GrenadinesUpdating Economic Note

February 9,1990

Latin America and Caribbean Region

FOR OFFICIAL USE ONLY

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Document of the WorWd Bank

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-'This documerWhas4 restricted distribution and may be used by recipientsonly in the performance of their official duties. Its contents may 'ntotherwisebe disclosed without World,Bank authotization.

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CURRENCY EQUIVALENTS

Currency Unit Eastern Caribbean Dollar

Since its creation in 1965, until July 1976, the Eastern Cari'bbean dollarwas linked to the pound sterling at the rate of £1.00=EC$4.8. In July 2976the Eastern Caribbean dollar was linked to the US dollar at the rate ofUS$1.00 = EC$2.7C.

SiceJly 176

EC$1.00 = lv40.37US$1.00 = EC$2.iO

FOR OMCAL USE ONLY

ST. VINCENT AND THE GRENADINES j

A Bank economic mission visited St. Vincent and the Grenadines inNovember 19B9. Tlie mission consisted of Alberto Herrou-Aragon (HissiuoLeader) and Ginger Reich (Research Assistant). This Economic Note updateseconomic performance in St. Vincent and the Grenadines during 1987-88. Itprovides information on recent economic developments, highlights selecteddevelopment issues and outlines the FY89/90-FY91/92 public sectorinvestment program as well as the Government's external financingrequirements. A more detailed analysis of development issues andperformance as well as a discussion of growth prospects and projections iscontained in the report entitled 'Long Term Economic Prospects of the OECSCountries' (Report No. 8058-CRG, February 15, 1990).

This Jocument has a restricted distrbution and may be used by recipients only in the performance

ST. VINCENT AND THE GRENADINES

Table of Contents

Page No.

I. RECENT ECONOMIC DEVELOPMENTS .................................. 1

Recent Economic Performance .1Public Finances .1External Debt. 1

II. SECTORAL DEVELOPMENT ISSUES. 1

Agriculture. 1Manufacturing.. 2Tourism ....... 2

III. PUBLIC SECTOR INVESTMENT ANDEXTERNAL FINANCING REQUIREMENTS. 3

Public Sector Investment Program. 3External Financing Requirements. 3

ANNEX I: PUBLIC SECTOR INVESTMENT PROGRAM. 5

ANNEX II: STATISTICAL APPENDIX .............................. 24

MAP (IBRD 13500R)

ST. VINCENT AND THE GREMADINES

I. RECENT ECONOMIC DEVELOPMENTS

Recent Economic Performance

1. During 1980-85, real GDP, fueled by a strong recovery ofagriculture (131) following two major natural disasters, and the growth oftransportation (9Z), expanded by 52 per annum. During 1986-87, real GDPgrowth accelerated to 6.52 per annum. Value added in construction rose 13%annually, that in electricity and water, 9Z, that in communications, 172,and that in wholesale and retail trade, 9Z. In 1988, real GDP expanded by8.42 in response to good economic management; agricultural value addedclimbed 242 following the sharp downturn caused by a tropical storm in1987. In 1988, GNP per capita reached US$1,100.

2. St. Vincent and the Grenadines' balance of payments currentaccount performance is heavily dependent on capital inflows as well as onworld market and climatic conditions that impinge on banana production.The current account of the balance of payments deficit swelled from 32 ofGDP in 1986 to 17% of GDP in 1987. In 1988 it is estimated to havedecreased to 92 of GDP. These deficits broadly reflect variations in netofficial borrowing (from US$5.2 million in 1986 to US$10.2 million in 1987and US$10.7 million in 1988).

Public Finances

3. St. Vincent and the Grenadines has managed its public financessoundly. Public sector finances improved markedly during 1983-87: publicsector savings increasing from minus 0.8f of GDP in 1983 to 92 1987. TheGovernment has undertaken major efforts to strengthen public sector savingsthrough revenue and expenditure measures. In 1988, central governmentsavings increased to almost 92 of QDP.

External Debt -

4. In 1988, St. Vincent and the Grenadines' total debt outstandingand disbursed equalled an estimated 29? of GDP, and debt service paymentsamounted to only 32 of exports of goods and non-factor services and 6% ofcentral government current revenues.

II. Sectoral Development Issues

Agriculture

5. After suffering from adverse weather conditions during 1986 and1987, banana production increased about 81% in 1988 compared with 1987 andwas 128% above the 1983 production level. Yields have increased from 4.6metric tons per acre in 1983 to about 6.6 metric tons in 1988, but arestill below those of Central American countries (Costa Rica (14.2,, Belize(10.7) and Honduras (17.7). The improvement of yields has been brought

- 2 -

about by increased use of fertilizers and insecticides. Import volumes ofthose inputs increased about 300Z and 200?, rebpectively, betwoen 1983 and1988. The increase in production also was achieved by an increase inacreage of nearly 60Z during that period.

6. Production of non-banana crops has lagged behind because of thehigher profitability in producing and exporting bananas. In addition, non-banana crops are now facing increased competition from Trinidad and Tobago.Output of root crops (sweet potatoes, yams, tannias, eddoes and dasheens),which accounted for 312 of total value added in agricultural (at 1977prices) in 1984, declined by 72 per annum during 1984-88. Competitivenessof agricultural crops in Trinidad and Tobago was affected by the oil boomand this had resulted in increased imports from St. Vincent. The realdevaluation of the Trinidad and Tobago dollar since 1987 restoredcompetitiveness to its non-sugar agriculture. The ensuing increase indomestic production has been displacing imports from St. Vincent. Thesedevelopments did not originate from a misalignment of the real exchangerate between the two countries; rather they resulted from relative pricechanges in Trinidad and Tobago occurring in the aftermath of the oil boomand following the adjustment of the economy.

Manufacturing

7. Manufacturing growth could be affected adversely by a 1989 minimumwage increase (to women--from EC$l0 to EC$20 per day). One manufacturingfirm exporting to the US market closed in 1989 partly in response to thewage increase. Even though actual productivity allows firms to pay wagesabove the new minimum wage, the main issue in the sector seems to berelated to the hiring of new workers whose productivity is initially belowthe minimum wage (e.g. trainees).

Tourism

8. St. Vincent and the GrenadLnes is endowed with a wealth of naturalattractions whick are relatively unspoiled and constitute the underlyingtourist appeal of the country. The geographical diversity among thevarious islands in St. Vincent and the Grenadines produces an interestingblend of holiday options. However, their development means that unless theislands become easy to access, both physically and in terms of bureaucracyat the hubs, their tourism prospects will be hampered.

9. Local sources of finance for hotel development were scarce in thepast. Commercial banks are, however, becoming involved in mortgagelending. The main sources of local financing are the Caribbean Financialservices corporation and the Development Corporation (DEVCO), which borrowsfrom the Caribbean Development Bank (CDB) and the European Investment Bank(EIB). The EIB funds are devoted primarily to modest expansions andrenovations. The CDB also finances a few new hotels directly without thpintermediation of DEVCO. Larger hotels have to be financed almost enti from abroad.

10. Improved airport facilities are required for the development oftourism. The EEC financed Bequia Airport Project will be the criticaldevelopment to support air communications into St. Vincent and theGrenadines. Over the long-term, however, the lack of an international

airport could deter long distance travelers. To exte'id the existirg mainairport by the 2,000 feet required would entail construction into the sea,which would be very expensive. The international Civil AviationOrganization (ICAO) is providing technical assistance to prepare the termsof reference for a feasibility study for airport development inSt. Vincent.

11. The Government has proposed the restructuring of LIAT, theprincipal regional airline, and the sale of its shares to a joint ventureinternational carrier and to majority Caribbean shareholders. Improvedaccess to the Grenadines is envisaged as a result of airstrip upgrading andconstruction. The resurfacing of Canouan's runaway has recently beencompleted. Plans for the redesign and reconstruction of the Union Islandairport are underway. In addition, a new fifteen year agreement with P;Mustique should contribute substantially to new investments and to thecontinued development of up-market residential tourism in that island. AFinally, there may be a conflict between the requirements of higher marketand the mass market of daily cruiseship tourists. The two may not becompatible. Policy decisions should take into account the relativeadvantages and disadvantages of either.

III. PUBLIC SECTOR INVESTMENT AND EXTERNAL FINANCING REQUIREMENTS

Public Sector Investment Program

12. The Public Sector Investment Program (PSIP) for FY89/90-FY91/92 isestimated at EC$308 million (US$114 million). About 602 of the total PSIPis destined to the economic and social infrastructure, while 302 isdestined for the productive sectors, with agriculture accountingindividually for 752 of the total of the productive sectors. About 102 isdestined to general administration and public safety projects. Thecomposition of the PSIP is consi tent with the Government's objective ofeconomic diversification, with emphasis on the provision of infrastructureto support growth in agriculture, manufacturing and tourism. New projectsamount to approximately 382 of the PSIP total. They include theAgriculture Rehabilitation Project, Development of the Fishing Industry,Post Secondary Education Facility, Industrial Estate Project, Feeder RoadsProject, and the Bequia Airport Project.

External Financing Requirements

13. The financing requirements for the PSIP are estimated to amount toUS$122 million during FY89190-FY91/92. Scheduled amortizations areprojected to be US$8 million during the three year period. Public sectorsavings are projected to provide US$28 million while net domestic credit isprojected to finance US$11 million. Scheduled disbursements under externalcommitments for ongoing projects would provide US$54 millicn. A financinggap for the three years of about US$29 million would remain, for which anexternal donor for US$2 million has to be identified (Grenadines Jetty--cruiseship terminal).

- 4 -

ST. VINCENT AND THE GRENADINES: PUBLIC SECTOR FINANCINW- REQUIREMENTS,FY89/90-FY91/92

(in millions of EC dollars)

T O T A LFY89/90 FY90/91 FY91/92 EC$ USS

Financing Requirements 123.8 120.3 84.4 328.5 121.7Public Sector Investment 118.1 113.0 76.8 307.9 114.0Scheduled Amortization 5.7 7.3 7.6 20.6 7.6

Sources 107.0 91.7 50.3 249.0 ,2.2Public Sector Savings 21.7 25.7 28.1 75.5 28.0Ongoing External 60.9 52.1 31.7 144.7 53.6Domestic Credit (net) 24.4 13.9 -9.5 28.8 10.7

Financing Gap 16.8 28.6 34.1 79.5 29.4Identified External 16.8 28.6 29.1 74.5 27.6Unidentified External - - 5.0 5.0 1.8

Source: IBRD and Caribbean Development Bank estimates and projections.

- 5 -

ANNEX IiPage 1 of 19

UDUBjIC SECTOR INVESTMENT PROGRAM

A17NEX I- 6 - Page z of 19

ST. VINCENT AND THE GRENADINES - MNUbOR ONOING PROJECTS AND SOURCES OF FINANCIN

(EC* 000)

External Financing TYPETotal ---- Source of

Cost Amount U FUSDS

'griculture___________

Topworking Mango - Phase III 190 166 79.0 UK GrsntRepairs to Office Quarters as 0 0.0 Local RevenueKingstown Fisherles Infrastructure 18,700 6,4U1 89.9 Japan GrantOwis Salt Pond Development 84 0 0.0 Local RevwnueForestry Sector Project 9,678 6,000 62.7 CIDA GruntOrange Hill Dev Programme 8,600 2,400 66.7 UK GrantOrange Hill Development Progmra sea sea 100.0 CIDA OrantOrange Hill Development Prograoms 9,921 9,921 100.0 EEC Grant0-ange Hill Dev Programm 20,000 0 0.0 Local Revenue

Orange H1il Development Peogr 4,188 4,19e 100.0 CDs Loan

Manufacturing

Consolidated Line of Credit 4,18A 654 16.6 CDB Loan

Tourism

Restoration Fort Charlotte 100 0 0.0 Loca! RevenueBotanic Gasr.ons Development 60 0 0.0 Local RevenueFalls of Beleine - Improved Ace s* 60 0 0.0 Local R-venueTourism Development Program 982 877 89.8 EEC GrantBotanic Oardens Road Rehabilitation 100 0 0.0 Local RevenueBequla Upgrading of Gardens 8 0 0.0 Local Revenue

Energy

Cumberland Hydroelectric Project 6,800 0 0.0 EEC LoanCHP T A D/Trainlng/Hydroelectries :7,000 6,000 86.8 IDA LoanCumberland Hydroelectric Project 26,141 0 0.0 CIDA OrantCumberland Hydroelectric Project 20,260 la 0.9 USA LoanFower Loss Reduc.: CDB 2nd Power Proj 16,610 2,600 16.7 CDB Loan

ANNEX IPage 3 of 19

ST. VINCENT AND THE GRENADINES - MAJOR ONGOING PROJECTS AND SOURCES OF FINANCINO(Con 't)

(EC3 000)

External Financing TYPETotal… - ------------- Source ofCost Amount % FUNDS

Transport A Communlcb,ions

Canouan Roads 3oo 0 0.0 Local Loan

Bequls Road - Phase II 600 0 0.0 Local LoonColonalre/Park Hill Road a70 0 0.0 Local Loan

Bequia Airport Consul (Design A Sup) 2,500 1,488 68.6 EEC GrantDequis Airport - Construction 64,000 60,400 93.8 EEC Grant

Airport Terminal (E.T. Joshua) - Remodeling 8a 0 0.0 Local RevenueGeorgetown - Fancy Road I 8,109 980 81.6 UK GrantWindward Highway Rehabilitation See 0 0.0 Local RevenueSea and River Oefences 1,080 0 0.0 Local LoanSt V. Infra Project (PIR II) 5,400 8,180 68.9 uSA LoanSequisa Resto-ation of Flood Damage 240 0 0.0 FRA GrartRehab. Windward Highway: Windblow 1,000 0 0.0 Local LoanQua ry Development 17,722 11,818 66.7 coD LoanFeeder Roads III 6,694 88e 18.1 Coo Loan

Bequla Road Development 980 0 0.0 Local LoanBasic Needs Trust Fund (BNTF) - Roads 2,612 642 24.6 COB GrantAsphalt Resurfacing of Highways 2,200 0 0.0 Local LoanBNTF Maintenance/Supervisor/Perform. 2,613 642 24.6 CDB LoanGlen/Fuir Hiall Roads 760 0 0.0 Local LoanBequle Waterfront Dev Project I 1,000 1,000 100.0 CIDA LoanCanouan Roads Phase II a80 0 0.0 Local Loan

Rehab: North Leeward Highway 7,600 7,600 100.0 CDB Loan

Water & Sewerage

Special Water ProJect 94 0 0.0 Local RevenueColonarie River Water Supply 11,400 2,000 17.6 CIDA GrantWater Meters - Instollatlon 1,340 0 0.0 CDB LoanFerro Cement water Tanks 18O 0 0.0 Local RevenueDiamond Estate Water Supply 2,700 2,700 100.0 USA GrantPaget Farms Water Tank (MAF) 110 11o 100.0 CIDA Grant

ANNNEX I-8- Page 4 of 19

ST. YINCENT AND THE GRENADINES - MAJOR ONGOING PROJECTS AND SOURCES OF FINAMCING(Con It.)

(EC$ 000)--- _-------------------_-------_-------__-_------------------------__-_--_-_-___---_-------------

External Financing TYPETotal ------------------ Source ofCost Amount X FUNDS

-- - - - -- - - - - -- - - - -- - - - - --------------------------------------------------------- ___ ____ ___ ____ ____ __^

Education A Training

Teachers Accomodation a05 0 0.0 Local RevenuePost Secondary Facility - Land 114 0 0.0 Local RevenueCDB/OECS Tech/Voc 9,421 7,492 79.6 C9B LoanCampden Park Secondary School 1,600 0 0.0 Local RevenueStudent Loans 946 0 0.0 CDs LoanWestwood Primary School - Corstrn. 500 0 0.0 Local RevenueHome Economics Centres 208 0 0.0 Local RevenueSchool Special Needs Extention 474 0 0.0 Local RevenueReplacement - Furniture A Equip 1.000 0 0.0 Local RevenueAshton Primar; School Extention 846 0 0.0 Local RevenueConstrn. - Kingstown Primary School 8,214 0oo 18.? UK GrantW.I. Scholarship Training Scheme 401 100 24.9 UK GrantNational Documentation Centre 16O 0 0.0 CIDh Grant

ANNEX I- 9 - Page 5 of 19

ST. VINCENT AND THE CRENADINES - MAJOR ONGOINO PROJECTS AND SOURCES OF FINANCING(Con 't)

(EC3 000)

------------------------------------------------------------- -------------------------- ________

External Financing TYPETotl… ------------------ Source of

Cost Amount X FUNDS------------------------------------------ ____----------------------------------------------------

Health A Community Services

New Ground Cllnic 200 0 0.0 Local RevenueChateaubelair H owpital - Renovation 80 0 0.0 Local RevenueTwo Garbage Trucks (New) 270 0 0.0 Local RevenueLend Purchase - Cormunity Purp, Rs 800 0 0.0 Loctl RevenueClinics - Renovation 50 0 0.0 Local Revenue

Coamunity Centres: Land Purchase 196 0 0.0 Lcal RevenueChatesubelair Heap - Reconstruction 984 0 0.0 Local RevenueComunity Development 1888/S9 1864 54 4.0 UK GrantAshton Clinic/Post Office Phase I 290 0 0.0 Local RevenueCanouan Nurses Quarters - Constrn 158 0 0.0 Local RevenueBus Stops a Shelters aso 0 0.0 Local RevenueRenovation - School of Nursing 1,004 0 0.0 Local Revenue

Buliding Purchase Comm Purposes 140 0 0.0 Local RevenueYouth Centre C,"pden Park 100 50 60.0 CIDA Grant

ANNEX I- 10 - Page 6 of 19

ST. VINCENT AND THE GRENADINES - MAJOR ONGOING PROJECTS AND SOURCES OF FINANCING(Con 't)

(EC$ 000)

External Financing TYPETotal ------------ Source of

Cost Amount x FUNDS

Housing

Land Acquisition: Housing (Chr VYge) 42 0 0.0 Local RevenueLow Income Mortgage Financing 4,050 2,050 60.6 CDB LoanRichmond Land Settlement Infrestr. 1,000 0 0.0 Local LoanGovt Residences, Cane Garden 6OO C 0.0 Local Revenue

General Administration

Equipment - Date Processing Dept 182 0 0.0 Locsl RevenueDistrict Post Offices 210 0 0.0 Local RevenueGeorgetown Revenue Office: Renovation 10 0 .O Local RevenueOffice Improvement - Min of Tourism 80 0 0.0 Local RevenueGovernment Printery: Equipment 760 0 0.0 Local RevenueFinance Office Complex 11,000 0 0.0 Local Loan

Public Safety

Coastguard Base 6,069 6,494 107.0 UK Grant

Buccamennt Home for Girls Rehab 200 0 0.0 Local Revenue

Other

Special Developmenmt Projects 8,844 0 0.0 ROC GrantWest German Micro ProJect 100 97 97.0 FDR GrantGerman Gutters Troumaca/Owia 600 0 0.0 Local RevenueSea and River Defences 1,060 0 0.0 local LoanGrenadines Multi-project 8,870 5,569 66.4 .6 Loan

ANNEX I- 11 - Page 7 of 19

ST. VINCENT AND THE ORENADINES - MAJOR NEW PROJECTS AND SOURCES OF FINANCING

(EC$ 000)

…--------------------------------------------------------_---_-- ----- __-----0_------------------

External Financing TYPETotal ------------------ Source ofCost Amount x FUNDS

--------------------------------------------------------------------- __------__-------------------

Agriculture

Lend Acquisition: O'hill A Leewards 6,000 0 0.0 Local Loan

District Office Quarters - Constrn 66S 0 0.0 Local Revenue

Upgrading - Propagation Fecilities 237 0 0.0 Local Revenue

Agri. Rehab. A Diversification Proj 11,111 10,000 90.0 IDA Loan

Meat Market A Two Abattoirs 1,600 1,600 100.0 CIDA Grant

Livestock Dev. - Breeding Stetion 110 0 0.0 Local Revenue

Purchase of Fishing Equipment 810 810 100.0 JAP Grant

Development of Fishing Industry 9,600 9,500 100.0 CIDA Grant

Integrated Crop Dev A Diversification 1,400 0 0.0 Local Revenue

Sheep A Goat Development 8SO 0 0.0 Local Revenue

Manufacturing______________

Industrial Estate V 10,664 6,877 66.2 CoB Loan

Consolidated Line of Credit (2nd) 6,400 8,600 68.7 CDB Loan

Diamond Industrial Estate 2,600 2,500 100.0 CIDA Grant

DEVCO Global Line of Credit 4,609 4,609 100.0 EEC Grant

Tourism

Craft Development Production Units 76 78 100.0 UN Grant

Layou Petroglyph Site Beautification 66 0 0.0 Local Revenue

Land Acq & Beautification Project 56 0 0.0 Local Revenue

Hamilton Fort Fencing 20 0 0.0 Local Revenue

IB/Ville Beach Access Improvement 100 0 0.0 Local Revenue

Vermont Nature Trail Improvement 42 0 0.0 Local RevenuePeace Memorial Hall Remodelling II 2,000 0 0.0 Local RevenueGeneral Office Improvements II 100 0 0.0 Local Revenue

- 12 -ANNEX IPage 8 of 19

ST. VINCENT AND THE GRENADINES - MAJOR NEW PROJECIS AND SOURCES OF FINANCING(Con 't)

(ECS 000)

E6ternal Financing TYPETotal ------------------ Source ofCost Amount x FUNDS

Energy

Csnovan - Electrification 8,800 1,800 84.8 FRA LoanPortable Oetiratcr 1,200 0 0.0 Local Revenue

Transport A Communications____ _____________________

Feeder Roads IV - Consultancy GO0 500 100.0 CDB LoanMelville/Hlgginson St Extension 0oo 0 0.0 Local Loan9equls Water Front Development Proj 150 0 0.0 Local RevenueRehab: Loeward H'wey - Barr/Richmond 2,700 2,700 100.0 OPEC LoanFoeder Roads IV 8,000 8,000 100.0 CDB LoanBNTF Road Performance Phase II 1,600 1,600 100.0 CDB GrantAccess Bridge - Oaskill Mtn Rd 450 0 0.0 Local RevenueRoad Improvement - Lower Bay Street 400 0 0.0 Local LoanUnion Island Airport - Construction 5,000 0 0.0 Local LoanRehab: Cent Leeward (Buc-Barrouslile) 4,678 0 0.0 EEC LoanBequle Airport - Land 1,200 0 0.0 Local LoanUnion Island Airport Supervision 200 0 0.0 Local LoanRehab: Leeward Heay - Fees. Study 400 400 100.0 CDB LoanGrenadines Jetty-Cruiseship Terminal 5,000 6,000 100.0 UNKNOUN

Water & Sewerage

John Hill Water Supply Phase II J50 0 0.0 Local RevenueSouth Leeward Water Supply: Rehab 2,000 2,000 100.0 FRA LoanSandy Bay/Overland water Supply 658 565 100.0 USA GrantSpring Village Water Supply 254 254 100.0 CIDA GrantRiver Defences 8OO 0 0.0 Local Loan

- 13 - AWK IEXI-13-- ~~~~Page 9 of 19

ST. VINCENT AND THE GRENADINES - MAJOR NEW PROJECTS AND SOURCES OF FINANCING(Con 't)

(ECS 000)

External Financing TYPETotal ------------------ Source ofCost Amount s FUNDS

Education & Tralning

Clifton Primary School Extention 197 0 0.0 Local RevenueWestwood Primary School - Land 10 0 0.0 Local RevenueBelmont Govt School Extention 166 0 0.0 Local RevenuePoet Secondary Facility - Phase 1 2,984 2,984 100.0 EEC GrantNeow round Tech/Voc Centre 4,640 2,640 100.0 UK GrantGomea Government Sch Extention 120 0 0.0 Local RevenueConstruetion of Law Llbrary 1,000 1,000 100.0 USA GrantPaget Farm Govt Sch - Extention 246 0 0.0 Local Revenue HBelair Govt School Extention 120 0 0.0 Local RevenueTeachere Collage - Drainage 60 0 0.0 Local RevenueLibrary: Refurbishment 1,000 0 0.0 Local RevenueMarriaqus Primary Sch. - Land 126 0 0.0 Local Revenue ;Peruvian ValePrimary School - Land 96 0 0.0 Local RevenueStudent Loan (6th) 96 64 67.4 CDO Loan -

Barouallie Infant Sch Extention 860 0 0.0 Local RevenueByera Anglican Sch Relocation -Land 120 0 0.0 Local RevenueExtention/ Renovation Gramiar Sch 400 0 0.0 Local Revenue -New Grounds Primary School 2,184 2,184 100.0 UK GrantBuckhorn/Murray Village Sch - Land 150 0 0.0 Local RevenueFancy Industrial Arts Centre 6o 0 0.0 LOcal Revenue

Health A Community Services___________________________ -

Renovation Layou Torn Hall 1SO 0 0.0 Local RevenueClear Valley Clinic - Construction 287 287 100.0 FRA GrantCraft Develpment - Production Units 78 7e 100.0 UN Grant iCsnouan Health Centre 184 134 100.0 USA GrantMental Health Centre - fencing 6o 0 0.0 Local RevenueTroumsca A Port Eliz Nurses Quarters 150 0 0.0 Local RevenueMental Health Centre: Rehabilitation 456 0 0.0 Local RevenueHospital Lab Extenslon so 0 0.0 Local RevenueRenovation of Clinics S0 0 0.0 Local RevenueSanitation Dept - Equipment 46e 0 0.0 Local RevenueUltra Sound Unit 270 0 0.0 Local RevenueCommunity Development 1989/90 1,200 1,200 100.0 UK GrantPost Office/ Library/Day Care Centre 260 0 0.0 Local RevenueKOH - Generator 190 190 100.0 KOREA GrantExpansion Ministry of Health 1,000 0 0.0 Local RevenueYouth Hostel Campden Park 260 0 0.0 Local RevenueNurses Quarters - Renovation 60 0 0.0 Local RevenueArnos Vale Playing Field 5oo 0 0.0 Local RevenueClear Valley Clinic - Land 100 0 0.0 Local RevenueReplacement of Pavillions-Arnos Vale 210 0 0.0 Local Revenue

II

ANNEX I

- 14 - Page 10 of 19

ST. VINCENT AND THF GRENADINES - MAJOR NEW PROJECTS AND SOURCES OF FINANCING(Con't)

(ECS 000)

----------------- __---------_---_-----------------------------------__--------_ ------------------

External Financing TYPETotsl -------…------ Source of

Cost Amount % FUNDS

General Administration______________________

Purchase of Building London 2,000 0 0.0 Local Revenue

Improvements W;nlstry of Housing 100 0 0.0 Local Revenue

Diamond Industrial Est - Local Costs 600 0 0.0 Local Revenue

Registry Renovation 100 0 0.0 Local Revenue

Office Complex - VINLEC 2,000 0 0.0 Local RevenueRenov\Extn Revenue Office Un. Is 1SO 0 0.0 Local Revenue

Public Safety

Land - Vermont Police Station 8o 0 0.0 Loco! loanRenovation Police Stations 400 0 0.0 Local Revenue

Construction of New Prison - Land 267 0 0.0 Local Revenue

Other

Eqpt./Vehicle/Generator Radio 705 100 0 0.0 Local Revenue

Extension to Radlo 705 a86 0 0.0 Local Revenue

Canada Funds Project 400 400 100.0 CIDA GrantRenovation to Prisons - Phase II 275 0 0.0 Local Revenue

------------------------ ----------------------- -------------- __-------- --- __------------------

ST. VINCENT AND THE GRENADINES - PUBLIC SECTOR INVESTMENT PROGRAMME, 1989/90-1991/92(ECS '000)

________________________ -__________________________________________________ - __________ _____ --------------------------------- _ ----- ---

1989/90 1990/91 1991/92 1989/90 to 1991/92

Total Ext Local Total Ext Local Total Ext Local Total Ext Local

TOTAL - ONGOING PROJECTS 81,2S6 60,902 20,865 70,024 62,091 17,93 389,442 31,720 7,722 190,721 144,713 46,008

Agriculture 18,813 12,487 1,82B 0 9,974 5,898 4,076 0 15,124 10,124 5,000 0 38,911 W 09 10,402

Topworking Mango - Phase III 16S 156 0 0 0 0 0 0 0 158 1S6 0Repairs to Office Quarters 0 0 0 0 0 0 0 0 0 0 0 0Kingstown Fisheries Infrastructure 6,611 6,461 160 0 0 0 0 0 0 S,6il 6,481 1SOOwia Salt Pond Development 76 0 78 0 0 0 0 0 0 76 0 76Forestry Sector Project 1,100 1,000 106 2,078 2,000 78 8,000 8,000 0 6,176 6,000 176Orange Hill Dev Programe 1,200 1,200 0 1,200 1,200 0 0 0 0, 2,A00 2,400 0Orange Hill Development Progra 200 200 0 188 183 0 0 0 88 3883 0Orange Hill Development Programme 1,500 1,500 0 2,000 2,000 0 6,421 8,421 0 9,S21 9,921 0Orange Hill Dev Prograe 1,000 0 1,000 4,000 0 4,000 6,000 0 6,000 10,000 0 10,000Orange Hill Development Progra 2,970 2,970 0 516 515 0 703 708 0 4,188 4,198 0

Manufacturing 864 654 0 0 0 0 0 0 0 654 664 0

Consolidated Line of Credit 664 664 0 0 0 0 0 0 0 664 664 0

Tourism 1,074 877 197 0 0 0 0 0 0 0 0 0 1,074 877 197

Restoration Fort Charlotte s0 0 s0 0 0 0 0 0 0 60 0 s0Botanic Gardens Developent 89 0 89 0 0 0 0 0 0 39 0 89Falls of Beloine- Improved Access 0 0 0 0 0 0 0 0 0 0 0 0Tourism Development Programme 877 877 0 0 0 0 0 0 0 877 877 0 QBotanic Gardens Road Rehabilitation 100 0 100 0 0 0 0 0 0 100 0 100Bequia Upgreding of Gardens 8 0 8 0 0 0 0 0 0 8 0 8 e

0Energy 10,383 8,783 1,600 0 0 0 0 0 0 10,383 8,788 1,600

Cumberland Hydroelectric Project 0 0 0 0 0 0 0 0 0 0 0 0CHP T I DfTraining/Hydroelectries 6,000 6,000 0 0 0 0 0 0 0 6,000 6,000 0Cumberland Hydroelectric Project 0 0 0 0 0 0 0 0 0 0 0 0Cumberland Hydroelectric Project 183 188 0 0 0 0 0 0 0 183 188 0Power Loss Reduc.: CDB 2nd Powor Proj 4,200 2,600 1,600 0 0 0 0 0 0 4,200 2,600 1,600

1

ST. VINCENT AND THE GRENADINES - PUBLIC SECTOR INYESTMENT PROGRAMME, 1989/90-1991/92

(Con 't) (ECS '000)

1989/90 1990/91 1991/92 1989/90 to 1991/92_-- - -- - - - - - - - -- _- -- -- -- -- -- -- -- -- -- -- _- - - _- - - - --

Total Ext Local Total Ext Local Total Ext Local Total Ext Local

Transport & Coamunications 31,619 23,261 8,368 0 88,911 35,323 3,688 0 22,068 20,000 2,068 0 92,698 78,684 14,014

Canouan Roads so 0 So 0 0 0 0 0 0 S0 0 50

Bequia Road - Phase I S00 0 S00 0 0 0 0 0 0 Soo 0 500

Colonaire/Park Hill Road 120 0 120 0 0 0 0 0 0 120 0 120

Bequta Airport Consul (Design A Sup) 1,782 1,488 288 0 0 0 0 0 0 1,732 1,468 268

Bequis Airport - Construction 8,000 6,000 1,000 26,661 26,400 1,161 21,300 20,000 1,300 63,851 50,400 3,461

Airport Terminal (E.T. Joshua) - Remodeling 0 0 0 0 0 0 0 0 0 0 0 0

Georgetown - Fancy Road I 980 980 0 0 0 0 0 0 0 980 98o 0

Windward Highway Rehabilitation 0 0 0 0 0 O0 0 0 0 0 0

Sea and River Defences 700 0 700 0 0 0 0 0 0 700 0 700

St V. Infra Project (PIR Ir) 2,000 2,000 0 1,180 1,190 0 0 0 0 3,180 3,180 0

Bequia: Restoration of Flood Damage 0 0 0 0 0 0 0 0 0 0 0 0Rehab. Windward Highway: Windblow 260 0 250 0 0 0 0 0 0 250 0 250

Quarry Development 14,261 10,670 8,691 2,843 1,143 1,600 768 0 788 17,872 11,813 6,869

Feeder Roads III 1,188 861 277 437 0 437 0 0 0 1,675 861 714

Bequia Road Development 244 0 244 0 0 0 0 0 0 244 0 244

Basic Needs Trust Fund (BNTF) - Roads 642 842 .0 0 0 0 0 0 0 842 842 0

Asphalt Resurfacing of Highways 750 0 750 0 0 0 0 0 0 760 0 760

BNTF Maintenance/Supervisor/Perform. 642 842 0 0 0 0 0 0 0 842 642 0

Glen/Fair Hall Roads 250 0 260 S00 0 500 0 0 0 750 0 750

Bequis Waterfront Dev Project 1 1,000 1,000 0 0 0 0 0 0 0 1,000 1,000 0Canouan Roads Phase II 360 0 3860 0 0 0 0 0 0 880 0 38 0

Rehab: North Leeard Highway 0 0 0 7,600 7,600 0 0 0 0 7,600 7,600 0

Water & Sewerage 1,460 1,460 0 0 3,850 3,350 0 0 0 0 0 0 4,810 4,810 0 - - -- -- - -- - - - -- - -- - -- - -- - -- - -- - -- - - -- - - - - -- - - -- - 0

Special Water Project 0 0 0 0 0 0 0 0 0 0 0 0Colonarie River Water Supply 0 0 0 2,000 2,000 0 0 0 0 2,000 2,000 o @

Water Meters - Installation 0 0 0 0 0 0 0 0 0 0 0 0Ferro Cement water Tanks 0 0 0 0 0 0 0 0 0 0 0 0Diamond Estate Water Supply 1,350 1,360 0 1,360 1,350 0 0 0 0 2,700 2,700 0Paget Farms Water Tank (MAF) 110 110 0 0 0 0 0 0 0 110 11o 0

ST. VINCENT AND THE GRENADINES - PUBLIC SECTOR INVESTMENT PROGRAMME, 1989/90-1991/92

(Con't) (EC$ '000)

______________________________.._ - _____________________ -__________ _______

-___ ------- - ----- -_------------ --------- - --------

1989/90 1990/91 1991/92 3989/90 to 1991/92

Total Ext Local Total Ext Local Total Ext Local Total Ext Local

Education A Training 6,3,0 8,758 1,548 0 5,000 a8a88 1,62 0 1,760 1,096 664 0 12,056 8,192 3,84

Teachers Accoodation 120 0 120 0 0 0 0 0 0 120 0 120Post Secondary Facility - Land 0 0 0 0 0 0 0 0 0 0 0 0CDB/OECS Tech/Voc 8,5s5 8,058 500 8,850 8,888 512 1,260 1,098 164 8,B68 7,492 1,176Campden Park Secondary School 0 0 0 1,000 0 1,000 490 0 490 1,490 0 1,490Student Loans 0 0 0 0 0 0 0 0 0 0 0 0Westwood Primary School - Constrn. 170 0 170 0 0 0 0 0 0 170 0 170Home Economics Centres 119 0 118 0 0 0 0 0 0 118 0 118School Special Needs Extentlon 180 0 180 0 0 0 0 0 0 180 0 180Replacement - Furniture A Equip 850 0 360 160 0 10 0 0 0 E00 0 500Ashton Primary School Extention 110 0 110 0 0 0 0 0 0 110 0 110Constrn. - Kingstown Primary School 600 6O0 0 0 0 0 0 0 0 600 600 0WI. Scholarship Training Scheme 100 tOO 0 0 0 0 0 0 0 100 100 0National Documentation Centre 0 0 0 0 0 0 a 0 0 0 0 0

I-W H4

01h

ST. VINCENT AND THE GRENADINES - PUBLIC SECTOR INVESTMENT PROGRAMME, 1989/90-1991/92

(Con't) (ECS '000)

…______________-…-…---_…_________________________________________1989/90 1990/91 1991/92 1989/90 to 1991/92

Total Ext Local Total Ext Local Total Ext Local Total Ext Local

Health a Community Services 1,306 104 1,202 0 1,859 0 1,869 0 0 0 0 0 2,665 104 2,561

New Ground Clinic 0 0 0 0 0 0 0 0 0 0 0 0

Chateaubelair Hospital - Renovation 0 0 0 0 0 0 0 0 0 0 0 0

Two Garbage Trucks (New) s0 0 50 0 0 0 0 0 0 SO 0 50

Land Purchase - Community Purposes 160 0 160 0 0 0 0 0 0 160 0 180

Clinics - Renovation 26 0 26 0 0 0 0 C 0 25 0 2S

Community Centres: Land Puzrchase 76 0 76 26 0 25 0 0 0 100 0 100

Chateaubelair Hosp - Reconstruction 0OO 0 500 434 0 434 0 0 0 934 0 934

Community Development 1988/89 64 54 0 0 0 0 0 0 0 64 64 0Ashton Clinic/Post Office Phase I SO 0 160 0 0 0 0 0 0 150 0 150Canouan Nurses Quarters - Constrn 0 0 0 0 0 0 0 0 0 0 0 0Bus Stops & Shelters 100 0 100 0 0 0 0 0 0 100 0 100Renovation - School of Nursing 100 0 100 900 0 900 0 0 0 1,000 0 1,000Building Purchase Comm Purposes 42 0 42 0 0 0 0 0 0 42 0 42Youth Centre Campden Park SO s0 0 0 0 0 0 0 0 50 s0 0

0I~0

ST. VINCENT AND TfE GRENUOINES - PUBLIC SECTOR INVESTMENT PROGRAMME, 2989/90-1991/92

(Con't) (EC$ '000)

1999/90 1990/91 1991/92 1989/90 to 1991/92

Total Ext Local Total Ext Local Total Ext Local Total Ext Local

Fiousing 1,860 1,060 800 0 1,200 1,000 200 0 0 0 0 0 3,050 2,060 3,000

Land Acquisition: Housing (Chr Vige) 0 0 0 0 0 0 0 0 0 0 0 0Low Income Mortgage Financing 1,060 1,060 0 1,000 1,000 0 0 0 0 2,050 2,050 0Richmond Land Settlement Infrastr. 200 0 200 200 0 200 0 0 0 400 0 400Govt Residences, Cane Garden S0 0 B00 0 0 0 0 0 0 600 0 600

General Administration 2,849 0 2,849 0 8,600 0 B,5tXId0 0 0 0 0 9,349 0 9,84S 0

Equipment - Dot Processing Dept 0 0 0 0 0 0 0 0 0 0 0 0District Post Offices 86 0 86 0 0 0 0 0 0 OF C a6Georgetoon Revenue Office: Renovation 0 0 0 0 0 0 0 0 0 0 0 0Office Improveent - Min of Tourism 0 0 0 0 0 0 0 0 0 0 0 0Government Printery: Equipment 288 0 286 0 0 0 0 0 0 286 0 288Finance Office Complex 2,628 0 2,628 8,600 0 6,500 0 0 0 9,028 0 9,028

Public Safety 2,912 2,812 0 3,182 8,182 0 500 600 0 8,494 6,494 0

Co.stguard base 2,812 2,812 0 8,182 3,182 0 600 500 0 6,494 6,494 0Duccaaennt Rome for Girls Rehab 0 0 0 0 0 0 0 0 0 0 0 0

miscellaneous 8,129 6,666 2,473 648 0 648 0 0 0 8,677 5,656 3,021 o

Special Developmenmt Projects 1,078 0 1,073 0 0 0 0 0 0 1,073 0 1,078 VIWest Oorman Micro Project 97 97 0 0 0 0 0 0 0 97 97 0 .

Germn Gutters Troumaca/Owia 200 0 200 200 0 200 0 0 0 400 0 400Sea and River Defences 700 0 700 0 0 0 0 0 0 700 0 700Grenadines Multi-project 6,069 6,669 500 348 0 848 0 0 0 6,407 6,669 048

ST. VINCENT AND THE GRENADINES - PUBLIC SECTOR INVESTMENT PROGRAMME, 1989/90-1991/92

(Con't) (EC$ '000)

1989/90 1990/91 1991/92 1999/90 to 1991/92

Total Ext Local Total Ext Local Total Ext Local Total Ext Local

TOTAL - NEW PROJECTS 36,862 16,808 20,069 0 42,927 28,583 14,344 0 37,359 34,057 3,302 0 117,148 79,443 37,705

Agriculture 8,226 2,820 6,908 9,002 6,900 2,102 13,856 12,690 1,065 30,883 21,810 9,078

Land Acquisition: O'hill A Leewards 6,000 0 5,000 0 0 0 0 0 0 5,000 0 5,000

District Office Quarters - Constrn 200 0 200 386 0 385 0 0 0 58$ 0 S58

Upgrading - Propagation Facilities 200 0 200 87 0 37 0 0 0 237 0 237

Agri. Roleb. A Diveretication Proj 1,311 1,000 311 4,400 4,000 400 6,400 6,000 400 11,111 10,000 1,111

Moat Market & Two Abattoirs 10 10 0 50 SOO5 990 990 0 1,600 1,S00 0

Liveittoclc Dev. - Broeding, Station 110 0 110 0 0 0 0 0 0 110 0 110

Purchases of Fishing Equipment 810 810 0 0 0 0 0 0 0 810 810 0

Development of Fishing Industry 500 S00 0 2,400 2,400 0 6,800 6,600 0 9,600 9,600 0

Int@gruted Crop Dey A Diversification SS 0 85 1,000 0 1,000 a38 0 385 1,400 0 1,400

Shp le Goat Development 50 0 50 g0 0 300 aWK 0 800 eso 0 850

Manufacturing 2,538 2,538 0 8,692 7,747 946 8,438 7,201 1,287 19,668 17,486 2,182

Industriol Estste V 0 0 0 4,363 8,408 946 4,708 3,489 1,237 9,069 6,877 2,182

Consolidated Line of Credit (2nd) 0 0 0 1,800 1,800 0 1,800 1,800 0 3,600 3,600 0

Diamond Industrial Estate 1,260 1,260 0 1,260 1,250 0 0 0 0 2,600 2,600 0

DEVCO Global Line of Credit 1,288 1,286 0 1,289 1,289 0 1,932 1,932 0 4,609 4,509 0

Tourism 408 78 382 1,040 0 1,040 1,000 0 1,000 2,448 76 2,372 X

Craft Development Production Units 76 78 0 0 0 0 0 0 0 78 76 0 o

Layou Petroglyph Site Beautification 66 0 6S 0 0 0 0 0 0 65 0 Ss

Land Acq A Boutification Project 55 0 ES 0 0 0 0 0 0 6S 0 5S

Hamilton Fort Fencing 20 0 20 0 0 0 0 0 0 20 0 20

IS/Villa Bech Access Improvoment 60 0 80 40 0 40 0 0 0 100 0 100

Vermont Nature Trail Improvement 42 0 42 0 0 0 0 0 0 42 0 42

Peace Meorial Hall Remodelling II 0 0 0 1,000 0 1,000 1,000 0 1,0(t) 2,000 0 2,000

General Office Improvements 11 100 0 100 0 0 0 0 0 0 100 0 100

ST. VINCENT AND THE GRENADINES - PUBLIC SECTOR IN'VESTMENT PROGRAMME, 1989/90-1991/92

(Con 't) (EC3 '000)

________________________ -___________ _ ______________ - - -__________-___--__

1969/90 1990/91 1991/92 1989/90 to 1991/92

Total Ext Local Total Ext Local Total Ext Local Total Ext Local

Energy 600 0 600 2,600 1,800 1,2Q0 2,000 2,000 0 6,100 3,800 1,800

Cnnouan - Electrification 600 0 600 1,300 1,800 C 2,000 2,000 0 8,900 3,300 SWPortable Onerator 0 0 0 1,200 0 1,200 0 0 0 1,200 0 1,200

Transport A Couunications 6,256 2,200 4,058 0 8,822 5,000 8,822 0 11,000 11,000 0 0 26,078 18,200 7,878'eeder Roads IV - Consultancy 200 200 0 800 800 0 0 0 0 500 500 0MeIlvlle/Higginson St Extension 800 0 800 0 0 0 0 0 0 300 0 800Bequis Water Front Development Proj 1SO 0 150 0 0 0 0 0 0 160 0 1SORehab: Leeward H'way - Barr/Richmond 0 0 0 700 700 0 2,000 2,000 0 2,700 2,700 0Feeder Roads IV 0 0 0 4,000 4,000 0 4,000 4,000 0 8,000 8,000 0BNTF Road Performance Phase II 1,800 1,800 0 0 0 0 0 0 0 1,600 1,800 0Access Bridge - Gaskill Mtn Rd 0 0 0 460 0 450 0 0 0 460 0 4SORoad Improvement - Lower Bay Street 260 0 260 150 0 160 0 0 0 400 0 400Union Island Airport - Construction 2,000 0 2,000 3,000 0 3,000 0 0 0 6,000 0 S,000r!ehab: Cent Leward (Buc-Barrouallie) 106 0 106 72 0 72 0 0 0 178 0 178Bqule Airport - Land 1,200 0 1,200 0 0 0 0 0 0 1,200 0 1,200Union Jsiand Airport Supervision 60 0 S0 160 0 160 0 0 0 200 0 200Rehab: Lceward H'lw, - Feas. Study 400 400 0 0 0 0 0 0 0 400 400 0Gronadines Jetty-Cruiseship Terminal 0 0 0 0 0 0 6,000 6,000 0 6,000 6,000 0

Water & Sew6r*ge 1,212 812 400 2,260 2,000 260 0 0 0 3,462 2,812 850 a------- -------

-------- 0John Hill Water Supply Phase II 100 0 100 2S0 0 250 0 0 0 360 0 360South Leeward Water Supply: Rehab 0 0 0 2,000 2,000 0 0 0 0 2,000 2,000 0 xSandy Bay/Overland water Supply 656 S58 0 0 0 0 0 0 0 6S8 658 0Spring Village Water Supply 2S4 264 0 0 0 0 0 0 0 254 264 0River Defences 300 0 300 0 0 0 0 0 0 300 0 800

ST. VINCENT AND THE GRENADINES - PUBLIC SECTOR INVESTNENT PROGRAMME, 3AiS9/90-1991/92

(Con't) (EC$ '000)

1989/90 1990/91 1991/92 1989/90 to 1991/92

Total Ext Local Total Ext Local Total Ext Local Total Ext Local

Education & Training 3,757 1,920 1,837 7,016 5,636 1,880 1,288 1,286 0 12,039 8,822 3,217

Clifton Primary School Extention 197 0 197 0 0 0 0 0 0 197 0 197W.stwood Primary School - Land 10 0 10 0 0 0 0 0 0 10 0 tOBelmont Govt School Extention 1B6 0 165 0 0 0 0 0 0 16s 0 1esPost Secondary Facility - Phase I 0 0 0 1,700 1,700 0 1,284 1,284 0 2,934 2,934 0New Ground Tech/Voc Centre 960 960 0 1,880 1,680 0 0 0 0 2,640 2,640 0Come Goverrnont Sch Extention 120 0 120 0 0 0 0 0 0 120 0 120Construction of Law Llbrary 0 0 0 1,000 1,000 0 0 0 0 1,000 1,000 0Paget Form Gort Sch - Extention 0 0 0 246 0 245 0 0 0 24S 0 245Beli r Govt School Extention 120 0 120 0 0 0 0 0 0 120 0 120To ch"rs Coils"g - rainage SO 0 s0 0 0 0 0 0 0 s0 0 S0Library: Refurbishment SO 0 S0 600 0 500 0 0 0 1,000 0 1,000Uarriaqu Primry Sch. - Land 0 0 0 126 0 125 0 0 0 125 0 125Peruvinn ValePrimary School - Land 96 0 96 0 0 0 0 0 0 96 0 95Stud"nt Loan (Oth) 0 0 0 82 82 0 82 82 0 64 64 0Barouslle Infsnt Sch Extention 0 0 0 360 0 80o 0 0 0 860 0 860Byrsa Anglican Sch Relocation -Land 120 0 120 0 0 0 0 0 0 120 0 120 o

Extention/ Renovation Graomr Sch 400 0 400 0 0 0 0 0 0 400 0 400New Grounds Primary School 960 960 0 1,224 1,224 0 0 0 0 2,184 2,184 0Buckhorn/Uurray Village Sch - Land 0 0 0 10 0 150 0 0 0 ISO 0 1SOFancy Industrial Arts Centro 60 0 80 0 0 0 0 0 0 60 0 6o

Health & Comunity Services ar578 68,87 2,041 0 2,890 0 1,890 0 0 0 0 0 10,468 6,637 3,981

Renovation Layou Town Hall SO 0 50 0 0 0 0 0 0 150 0 150Clear Valley Clinic - Construction 287 287 0 0 0 0 0 0 0 237 237 0Craft Devel ent - Production Units 76 76 0 0 0 0 0 0 0 78 78 0Canouan H" 1thCentro 134 184 0 0 0 0 0 0 0 184 134 0Mental Health Centre - fencing B0 0 60 0 0 0 0 0 0 60 0 60Troumaca Port Eliz Nurses Quart.re 1SO 0 1SO 0 0 0 0 0 0 160 0 15OMental Halth Centre: Rehabilitation 256 0 266 200 0 200 0 0 0 4S5 0 465Hospital Lab Extension 80 0 80 0 0 0 0 0 0 80 0 SORe -stion of Clinics SO 0 s0 0 0 0 0 0 0 s0 0 soSr tation Dept-Equipssnt 486 0 456 0 0 0 0 0 0 456 0 4560Ultra Sound Unit 270 0 270 0 0 0 0 0 0 270 0 270 eComunity Dovelopment 1989/90 1,200 1,200 0 0 0 0 0 0 0 1,200 1,200 0 _

Post Office/ Library/Day Care Centre 100 0 lO 160 0 150 0 0 0 2S0 0 250 0K04 -GOneratAr 190 190 0 0 0 0 0 0 0 190 190 0

Expansion Mini%bry of Health 0 0 0 1,000 0 1,000 0 0 0 1,000 0 1,000 ,,

Youth Hosl Caqmpdn Park 0 0 0 260 0 260 0 0 0 2S0 0 250Nures Quarters - Renovation 60 0 60 0 0 0 0 0 0 80 0 60 toArnos Vale Playing Field 210 0 210 290 0 290 0 0 0 S00 0 500Clear Valley Clinic - Land 100 0 100 0 0 0 0 0 0 100 0 100Replaceent of Pavillions-Arnos Yale 0 0 0 0 0 0 0 0 0 0 0 0Kingstown Hospital Redevelopment II 4,800 4,700 100 0 0 0 0 0 0 4,800 4,700 100

ST. VINCENT AND TNE GRENADINES - PUBLIC SECTOR INVESTMENT PROGRAMME, 1989/90-1991/92

(Con't) (ECS '000)

1989/90 1990/91 1991/92 1989/00 to 1991/92

Total Ext Local Total Ext Local Total Ext Local Total Ext Local

General Administration 3,950 0 3,950 1,600 0 1,500 0 0 0 5,460 0 5,450

Purchase of Building London 2,600 0 2,600 0 0 0 0 0 0 2,600 0 2,600Improvements Ministry of Housing 100 0 100 0 0 0 G 0 0 100 0 100Diamond Industrial Est - Local Costs 0 0 0 SOO 0 SO0 0 0 0 SOO 0 500Registry Renovation 100 0 100 0 0 0 0 0 0 100 0 100Office Complex - VINLEC 1,000 0 1,000 1,000 0 1,000 0 0 0 2,000 0 2,000Renov\Extn Revenue Office Un. Is 150 0 150 0 0 0 0 0 0 1SO 0 150

Public Safety 687 0 887 0 0 0 0 0 0 687 0 887- …------- --- --- -… -…- ---- ---- --- - - - ---- --Land - Vermont Police Station 80 0 80 0 0 0 0 0 0 30 0 80

Renovation Police Stations 400 0 400 0 0 0 0 0 0 400 0 400Construction of New Prison - Land 267 0 257 0 0 0 0 0 0 257 0 257

Miscellaneous 650 400 260 215 0 215 0 0 0 665 400 465

Eqpt./Vehicle/Generat*r Radio 706 100 0 100 0 0 0 0 0 0 100 0 100Extension to Radio 706 10 0 1SO 215 0 216 0 0 0 366 0 365Canada Funds Project 400 400 0 0 0 0 0 0 0 400 400 0Renovation to Prisons - Phase II 0 0 0 0 0 0 0 0 0 0 0 0

TOTAL - PSIP 118,117 77,708 40,412 112,961 80,674 82,277 78,801 86,777 11,024 307,869 224,166 88,718 0|

0_ __ ___ ___ ____ ___ ____ ___ ____ ____ ___ ____ ___ ____ _ _ ,*__ ___ ____ ____ _ _ ____ ___ w___ ___ _ _=_ _

I-

E; lN~~~~~~~~~~~~~~~~~~~I

- 24 -

ANNEX IIPage 1 of 14

ST. VINCENT AND THE GRENADINES

STATISTICAL APPENDIX

Table of Contents

Table No. Page No.

1.1 Selected Vital Statistics ....................... 252.1 Gross Domestic Product by Sector, 1982-88 ....... 262.2 Gross Domestic Product by Sector, 1982-88 ....... 273.1 Balance of Payments, 1984-19 ..................... 283.2 Value, Volume and Unit Prices of Major

Exports, 1984-88 ............................ 293.3 Merchandise Imports, 1984-88 .................... 304.1 Summary uf External Public Debt Operation

FY83/84-FY84185 .315.1 Summary of Operation of the Consolidated

Public Sector, FY83-FY88 ...................... 325.2 Central Government Operations ................... 336.1 Commercial Bank Operations, 1984-88 ............. 346.2 Quarterly Analysis of Loans and Advances ........ 357.1 Selected Agriculture Production ................. 368.1 Consumer Price Index ........................... 37

- 25 -ANNEX IIPage 2 of 14

Tablo 1.1 : ST. VINCENT AND THE ORENADINES - SELECTED VITAL STATISTICS

1992 1968 1964 1965 1986 1987

Total Population (ond of year) 106,243 107,697 108,748 110,192 111,419 112,689

Crude Birth Rote (per 1000) 82.0 81.0 26.8 26.8 24.6 28.8

Crude Death Rate (per 1000) 7.1 7.8 6.5 6.0 6.9 6.8

Rite of Natural Increase 24.9 28.7 19.8 20.8 18.6 18.0

Total Births 8,862 3,206 2,831 2,910 2,708 2,660

Total Deaths 746 779 708 651 a65 644

Natural Increase 2,607 2,516 2,128 2,2F9 2,C-3 2,008

Not Migration -1047 -1062 -1077 -616 n.a. n.a.

Net Population Increase 1,660 1,454 1,061 1,444 n.a. n.e.

Infant Deaths 186 122 76 59 67 62

Infant Mortality Rate 40.6 87.0 26.6 20.3 24.7 238.

n.e.: Not available.

Sources: Statistical Office, Central Planning Division.

- 26 - ANNEX II

Page 3 of 14

Table 2.1t ST. VINCENT AND THE GRENADINES - GROSS DOMESTIC PRODUCT BY SECTOR, 1982-96--------- (ECS million)

1902 1968 1984 1985 1096 1987 1988

CDP at Factor Cost 189.4 211.6 280.9 250.2 282.0 812.5 846.5

Agric., Livestock A Fishing 81.9 86.6 48.2 49.5 54.8 54.2 68.8

Quarrying 0.6 0.6 0.6 0.6 0.8 0.0 1.0

Construction 21.6 28.2 16.6 19.4 28.0 81.2 88.7

Manufacturing 20.7 21.8 28.9 28.7 28.2 80.8 82.4

Electricity and Water 6.2 6.8 7.1 9.6 10.6 12.6 14.9

Transport and Communicatlons 84.2 87.2 40.8 46.6 52.8 61.7 65.7

Wholesale and Rotail Trade 22.6 24.3 26.1 28.7 81.6 85.8 88.9

Hotels and Restaurants 4.1 4.6 4.6 6.0 6.6 6.8 6.8

Banking, Finance, Real Estate ABusiness Services 20.5 22.9 27.1 25.9 29.8 81.5 88.6

Pubilc Administration 82.9 89.5 41.6 42.9 46.5 66.6 57.1

Other Services 6.7 6.1 6.4 6.5 6.6 7.0 7.2

Loss Imputed Bank Charges 10.8 11.4 11.9 12.0 12.8 18.1 18.1

Source: OECS Socretariat.

- 27 - ANNEN II

Page 4 of 14

Table 2.2: ST. VINCENT AND THE GRENADINES - GROSS DOMESTIC PRODUCT BY SECTOR, 1982-U8(1977 EC8 eillion)

------------------------------------------------------------------------- __--__----------------

1982 s198 1984 1os5 1986 1987 1988

CDP at Factor Cost 111.8 117.0 124.0 129.6 189.2 147.2 159.6

Agric., Livestock i Fishing 18.7 20.2 21.6 28.8 24.2 28.0 28.6

quarrying 0.8 0.8 0.8 0.4 0.4 0.4 0.4

Construction 11.6 12.2 12.1 12.4 14.8 16.0 16.9

Manufacturing 12.0 12.8 18.8 18.6 14.1 14.8 16.6

Electricity *nd Water 8.6 8.7 8.8 4.1 4.5 4.9 5.2

Transport and Communications 23.1 26.7 27.2 28.6 81.5 86.0 87.1

Wholesale and Retail Trade 12.7 18.0 18.6 14.7 16.2 17.8 19.8

Hotel and Restaurants 8.4 8.6 8.6 8.6 4.0 4.8 4.8

Banking, Finance, Real Estate 6

Business Services 9.6 9.9 10.7 10.0 10.6 10.8 10.6

Public Administration 17.6 17.0 18.8 16.9 19.5 20.1 20.8

Other Services 8.8 8.4 8.6 8.6 8.6 8.6 8.7

Lese Imputed Service Charges 4.4 4.8 8.9 8.8 8.7 8.8 8.1

Source: OECS Secretariat.

- 28 -

ANNE IIPage 5 of 14

Table 8.1: ST. VINCENT AND THE GRENADINES - BALANCE OF PAYMENTS, 1984-88_________ (USS milion)

1984 1986 1986 1987 1998

Exports of Good. and NFS 72.7 62.4 87.1 72.0 107.6Merchandile Exports 58.6 68.2 86.1 61.7 88.9Non-factor Services 18.1 19.2 19.0 20.8 28.6 -

Imports of Ooods and NFS 86.2 69.8 101.7 108.6 184.2Merchandiso Iports 76.4 79.8 91.6 97.8 122.2Non-factor Services 9.6 10.0 10.1 10.7 12.0

Resource Bleance -13.5 -6.9 44.6 -86.6 -26.7

Factor Services A Transfors 9.0 10.1 11.0 12.1 18.8Net Factor Service Payments -8.0 -2.9 -8.5 -8.2 -8.4

Receipts 0.0 0.2 0.2 0.2 n.e.Payments 8.0 8.1 8.7 8.4 na.

Transfors to Privato Sector 12.0 18.0 14.6 16.8 16.7

Current Account Balance -4.6 8.2 -8.6 -24.4 -18.4=--------------------_- - ---- ----- ----- ----

Private Investment 1.4 1.8 8.0 8.6 8.6Official Transfers 8.1 6.1 9.9 6.9 10.8Foreign Borrowing (net) 1.6 2.8 6.2 10.2 10.7Coercial Banks 2.4 -8.1 -6.8 -4.0 -11.2Other (ncl. short-term) 1.1 -8.1 2.7 2.8 8.4

Capital Account 9.6 8.0 16.5 19.0 16.7

Overall Balance 6.1 6.2 11.9 -5.4 8.a

Financing -6.1 -6.2 -11.9 6.4 -8.8- -- -- -- - -- -- - -- -- - -- -- - -- ----

IMF -0.6 -0.6 -0.4 0.0 0.0Changes In Imputod Reserves -4.1 -5.2 -11.1 5.6 -2.9Oov't Foreign Assots -0.4 -0.4 -0.4 -0.2 -0.4

(increase a -)

n.a.: Not available.

Source: Ministry of Financo, IMF.

- 29 -ANNEX IIPage 6 of 14

Table 8.2: ST. VINCENT AND THE GRENADINES - VALUE, VOLUME AND UNIT PRICES--------- Of MAJOR EXPORTS, 1984-S8(value In USS mln.; volume in mlvn of kg.. and unit price In US$)

1914 1986 1986 1987 1969

Total Merchandise Exports 58.6 63.2 66.1 51.7 88.9_____________________ ___------ ------ -^---- -^-----b

Re-exports 0.9 1.1 1.0 1.0 0.0

Oomestic Exports 62.7 62.1 67.1 50.7 33.0-- - ------- - -- - -- - _-- - -- - -- - -- -i_-- - -- - _-- -- -

BananasaVoluo 11.8 16.9 19.4 19.6 81.9Volume (metric tone) 81.4 40.8 87.7 87.6 57.6Unit price 0.877 0.416 0.488 0.624 0.664

FlourValue 6.4 7.2 6.7 6.2 6.7Volume 16.7 17.8 14.8 15.6 16.7Unit price 0.0 0.416 0.886 0.400 0.408

ArrowrootValue 0.4 0.2 0.4 0.4 0.4Volume 0.4 0.8 0.8 0.6 0.8Unit price 1.187 0.608 0.619 0.880 1.108

CoconutsValue 0.6 0.8 0.8 0.8 0.8Volume ('000 nuts) 8.9 1.8 1.6 2.2 0.9Unit price 0.161 0.161 0.198 0.148 0.826

Sweet potatoesValue 1.1 4.1 6.8 2.2 4.0Volume 2.2 7.8 11.8 4.2 7.6Unit price 0.612 0.626 0.616 0.680 0.529

Plantain.Value 1.8 1.4 1.9 1.0 1.1Volume 8.1 8.6 4.4 2.4 2.8Unit price 0.411 e.406 0.4a6 0.410 0.409

Eddoes & dasheensVolue 8.9 12.8 11.8 4.2 7.9Volume 16.0 28.1 21.6 7.6 14.8Unit price 0.669 0.664 0.648 0.664 0.664

Other 81.0 82.1 84.6 20.9 88.5

Source: Statistical Office.

-30- ANNEX II LPage 7 of 14

Table 8.8: ST. VINCENT AN0 tHE OREMADIN.S - MUPCHANDISE IMPORTS, 1984-88(US$ million)

1904 1065 198s 1917 1966

Total Merchnndise Iports 76.4 79.8 91.0 97.8 122.2

Food, Beveroags 8 Taobacco 21.0 21.0 20.7 21.1 27.9Crude materielo 2.2 2.4 8.1 8.8 4.8Fuels ond lubricant. 6.6 6.4 6.8 6.0 6.6Oils and fatu 0.1 0.1 0.1 0l1 0.2Chemicals 8.8 10.7 11.6 18.0 17.0

Manufactured goode 2.37 26.4 80.2 84.5 46.1Machinery and equipment 18.9 18.8 20.1 19.8 22.2

(as percent of total Imports)

Total Merchandise Imports 100.0 100.0 100.0 100.0 100.0

Food, Beverages & Taobocco 28.8 26.5 22.6 21.6 22.8Crude materials 2.9 8.0 3.4 8.9 8.6Fuels and lubricants 8.6 8.1 6.8 6.1 4.6OIls and fate 0.1 0.1 0.1 0.1 0.2Cheamical 10.9 la.6 12.7 18.8 18.9Manufactured goode 81.0 82.0 88.0 85.8 86.9Machinery and equipment 16.2 16.8 21.9 19.7 18.1

Source: Statistical Office, IF.

- 31 - AINNEX IIPage 8 of 14

Table 4.1: ST VINCENT AND THE GRENADINES - SUMMARY OF EXTERNAL PUBLIC DEST OPERATIONS(FY3/8/4 - FY87j88)(USS thousand)

1988/4 1984/6 1986/8 1988/7 1987/6

_ ~~~~~~- - -- - -- - - - - -- -- - -- - - -- -- -- -- -- -- -- -- -- -- -- -- -- -- - -- - -

Debt outstnding at end of period a/ 21,452 22,44a 25,226 80,986 87,677__--_----------- ------ _ _----- ------ _------ _----- ------

Central Government (not) x/ (68) (164) (291) 8,679 6,420Draw ngs 287 268 438 4,482 7,681Amortization (-) 850 857 724 768 641

Publicly Guaranteed n/ 2,498 1,387 3,189 1,474 597Drawlngs 2,822 2,067 3,9S8 2,1389 1,620Amortization t-) 828 720 749 686 928

Valuation Adjustment (797) (242) (118) 657 (106)

Debt Service Payments a/ 1,688 2,208 2,672 2,668 2,817

Amortization 676 1,077 1,478 1,418 1,664Central Government 8a5 867 724 768 641Publicly Guaranteed 826 720 749 666 928

Interest m 1,181 1,099 1,140 1,258

Debt service/Exports, GUS 2.9 8.7 8.? 8.4 8.4Debt/GOP 28.8 21.0 21.2 28.5 28.1

MEMORANDUM ITEM:

IMF TransactionsDebt at end of period 1,890 592 0 0 0------------------- --- - -- ------ --_---

Purchase 0 0 0 0 aRepurchaoes (-) 171 787 891 0 0

Valuation AdJustment -42 -61 100 0 0

… - --- - --------------------------------------- …

*/ Excludes IMF.

Sources: Ministry of Finance, IMF.

- 32 -ANNEX IIPage 9 of 14

Tabl- 6.1: ST. VINCENT AND THE GRENADINES - SUMMARY OPERATION OF THE--------- CONSOLIDATED PUBLIC SECTOR, FY88-FY87 a /

(EC8 millIon)

Fiscal year beginning July 1

1988 1984 1985 1988 1987 b/

Tote I Revenue 7S.2 98.7 108.2 110.S 182.1

Current Revenue 76.2 89.7 103.2 118.6 182.1Capital Revenue 0.0 0.0 0.0 0.0 0.0

Total Expenditures 108.1 90.6 105.2 147.4 160.6

Current Expenditures 77.5 74.8 78.0 87.8 97.6

Capital Expenditures 25.8 16.8 27.2 60.1 63.1

Central Government 10.2 10.5 18.1 27.2 88.4Rest of Public Sector 0.2 0.2 0.2 0.6 1.2Public Enterprises 16.2 6.1 18.9 82.1 28.5

Current Account Balance -2.8 18.9 26.2 29.2 84.6

Overall Balance -27.9 -1.9 -2.0 -80.9 -28.6

Financing 27.9 1.9 2.0 80.9 26.5

Grants 10.5 8.8 18.9 26.9 18.9External 6.8 -2.0 0.4 19.7 20.7

Not Foreign Borrowing 4.8 0.7 8.2 20.7 21.7IMF -1.4 -1.1 -1.8 0.0 0.0Change in Foreign Assets 2.4 -1.6 -1.0 -1.0 -1.0Domestic 12.1 -4.4 -12.3 -16.7 -11.1

a/ The public sector Includes the Central Government, the Kingstown Board, theNational Insurance Schme, and eleven non financial public enterprises.

b / Preliminary.Source: Ministry of Finance, IMF.

- 33ANMeX IIPage 10 of 14

Table 6.2: ST. VINCENT AND THE GRENADINES - CENWRAL GOVERNMEPT OPERATIONS--------- (EC$ million)

Fiscal year beginning July 1

1984 1986 198 1987 198 a /

Total Revenue 94.6 98.7 108.1 114.2 126.8

Tax revenue 78.6 80.2 s8.7 98.1 112.6Income 21.4 22.2 28.8 27.4 28.1Propeorty 1.0 0.9 0.8 0.7 0.9Ooods end services 26.2 32.8 88.7 40.6 49.6Internat'l trade 22.8 22.6 238. 27.1 80.8Other 2.1 2.0 2.8 2.8 8.2

Non-tax revenue 11.1 18.6 14.4 16.1 14.1Operating surplus of dept. O.? 1.0 1.8 1.5 1.8ECCB profits 1.8 5.1 8.0 2.0 2.6Interest and rent 0.7 0.s 1.1 1.6 2.8other 7.9 6.9 9.0 11.0 7.2

Total Expenditure 84.8 90.8 101.5 117.7 187.4

Current Expenditure 74.8 77.7 97.7 99.2 110.0Wages and Salaries 86.6 87.9 46.4 49.9 60.7

Salaries 86.8 86.6 40.7 45.2 62.Swages 1.8 1.4 5.7 4.7 8.2

Other Goods end Services 21.7 2t.7 22.7 27.5 24.6Interest 4.8 4.2 4.7 5.9 7.0

Dometic 8.9 8.2 8.6 4.4 5.2External 0.9 1.0 1.1 1.5 1.8

National Insurance Scheme 0.6 0.6 0.9 1.2 1.6Operating deficits ofdepartmental enterprises 1.0 - -Transfers 9.6 11.8 18.0 14.7 16.1

A Capital expenditure 10.6 18.1 18.8 18.6 27.4

Current Account Balance 10.8 16.0 15.4 15.0 16.6

Overall Balance -0.2 2.9 1.6 -8.6 -10.8

Financing 0.2 -2.9 -1.6 8.5 10.8

Orants 6.9 7.1 6.9 8.9 9.6Externsl -8.0 -8.5 9.0 16.4 12.4Domestic -8.7 -6.5 -16.5 -16.8 -11.4

a / Prellinary.

Sources! Ministry of Finance, IMF.

AN-iAEX IIPage 11 of 14

Table 8.1: ST. VINCENT AND TNE CRENADINES - COMMERCIAL OANK OPERATIONS, 1984-88________- (ECU million)

June 80

1984 986 1986 1997 1988

Not foroign assets 61.8 438. 77.6 109.7 118.6

Foroign assets 19.8 14.9 42.8 67.8 69.8Foreign currency holdings 0.9 18 1.1 2.4 2.4Claims on ECC9 area bonks 4 8.6 12.8 5.8 6

Claims on other banks abroad 0 a 21.2 C2.f 68.4Other 0.4 7 7.7 7.6 S.6

Foreign Liabiultes -82 -28.6 -84.6 -41.9 -85.3Due to ECCO area banks -2.1 -0.7 -8.9 -0.5 -0.4Due to other bank. abroad -4.6 -2 -2.2 -8.0 -4Non-resident deposits -26.4 -26.9 -28.7 -82.8 -80.7Other 0 0 0 0 -0.2

Not claims on ECCB 12.2 27;6 88.4 49.1 46.4 _

Claims 14.6 28.7 86.4 49.1 46.4Liabilities -2.4 -1.2 0 0 0

Net domestic credit 100.4 96.0 78.1 70.7 76.8

Net credit to Contral Government 11.7 6.7 24.5 13.4 22.0Net credit to rest of public sector */ 0.0 656 -81.9 -87.6 -6506Credit to private sector 100.9 105.2 109.0 120.6 140.4Other assets (net) -12.2 -22.4 -28.5 -25.6 -29.6

Lisbilities to private sector 99.9 108.8 124.6 146.7 171.0

Demand deposits 17.8 19.0 17.1 22.6 26.1Time deposits 61.9 80.0 87.9 44.0 46.3Savings deposits 80.2 69.8 69.6 78.7 97.0Foreign currency deposits 0.0 0.0 0.0 0.4 1.6

*/ Includes statutory reserve requirements.b/ Includes national Insurance Scheme deposits.

Source: Eastern Caribbean Central Bank.

ANNEX IIPage 12 of 14

Table 8.2: ST. VINCENT AND THE GRENADINES - ANAL(SIS OF LOANS AND ADVANCES---~~---- (ECS million)

Dec. Dec. March June Sept. Dec.1988 1987 1988 1988 1987 1988

TOTAL 168.7 183.2 1983.2 195.8 206.1 213.6

AGRICVLIUREAgriculture 10.5 11.0 12.6 12.9 12.9 18.8FIsheries 0.6 0.5 0.7 0.8 0.9 0.8

MANUFACTURINGFood A Non-Alcoholic Beverages S.4 10.2 12.6 12.8 16.0 ie.9Clothing A Accessories 0.6 0.6 0.6 1.2 1.1 1.0Other Industries 3.6 5.2 5.9 6.1 4.0 4.0

PERSONALHouse b Land Purchase 27.9 36.5 38.8 42.2 41.3 44.4Durable Consumer Goods 6.8 8.8 9.0 9.6 10.6 11.6Other Personal 10.8 9.2 20.9 19.7 20.7 19.3

OTHERDistributive Trades 20.1 20.9 26.4 28.3 28.2 28.5Tourism 2.8 2.9 4.2 8.3 3.3 5.2Entertaining & Catering 1.2 1.4 1.1 1.0 1.6 1.6Transport 10.9 8.8 8.2 9.1 11.1 11.2Public Utilitles 5.7 8.6 7.9 7.8 8.2 8.8Construction & Land Developmen 11.8 13.8 11.8 14.2 13.7 14.0Government A Statutory Bodies 29.1 28.3 29.0 25.5 25.0 24.6Professional & Other Services 1.3 1.8 3.7 3.8 4.6 4.2Other 18.9 18.6 0.8 0.6 3.9 4.4

Source: Statistical Office.

- 36- ANNEX II

Page 13 of 14

Table 7.1: ST. VINCENT AND THE GRENADINES - SELECTED AGRICULTURE PRODUCTION^-------- ('000 lb$)

1988 1984 1986 1986 1987 1998

TOTAL

sananas 62,478 78,906 92,220 97,860 78,693 142,533Cassava 300 411 493 186 186 1,206Coconuts 9,475 10,564 7,940 7,812 7,426 5,229Eddoes and Oasuhen 11,542 12,041 12,711 12,042 2,032 11,609Ginger 384 271 758 3,031 2,804 2,944Mace s8 46 75 30 s0 31Nutmeg l6a 188 1la 149 148 151Peanuts 384 247 247 247 247 247Plantains 3,248 6,933 7,489 5,600 3,920 8,646Sweet Potatoes 2,390 10,180 10,668 11,224 10,182 6,418Tannias 6,510 4,928 2,465 2,4865 1,917 1,783Tobbcco 197 200 197 201 191 123

Yams 2,762 3,861 8,627 4,408 4,409 4,629

Source: Ministry of Agriculture.

ANNEX IIPage 14 of 14

Table 8.1: ST. VINCENT AND THE GRENADINES - CONSUMER PRICE INDEX_________ (January 198l1.1w)

1988 1984 1986 1988 1987 1986

(annual average)All Items 120.8 128.9 128.4 127.9 181.0 n.a.

Food and beverages 116.4 118.0 117.8 119.0 128.4 n.n.Tobacco and alcohol 122.1 126.2 128.0 184.0 139.8 ns.

Clothing and footwear 124.9 123.7 122.9 128.6 136.1 n.s.Housing 119.6 186.6 178.8 174.1 188.1 n.e.

Fuel and light 129.2 186.1 141.2 135.8 139.6 nas.Furniture 116.5 121.4 121.4 120.2 119.0 ns.Household supplies 146.2 147.6 142.0 128.0 120.6 n.s.Transp. & communication 120.8 122.2 123.0 144.9 146.8 n.s.Other services 184.6 143.8 149.1 146.9 146.4 n.a.

(annual percentage chonge)All Items 5.4 2.7 2.0 1.2 2.9 ns.

Food and beverages 6.2 1.4 -0.6 1.4 8.7 n.e.Tobacco and alcohol 8.8 2.6 2.2 4.7 4.0 ns.Clothing and footwear 4.2 -1.0 -0.6 4.6 6.1 n.s.Housing 10.7 18.4 28.8 0.2 6.2 na.Fuel and light 9.2 4.8 4.6 -a.8 2.8 n.a.

Furniture 5.8 4.2 0.0 -1.0 -1.0 na.Household supplies 4.6 1.8 -8.7 -9.9 -6.9 n.e.Transport and communication 0.2 1.6 0.7 17.8 1.0 n.s.Other services 4.9 6.8 8.7 -1.5 -0.8 n.a.

(end of period)All Items 123.1 326.7 127.8 128.0 132.4 186.2-- -- - - -- - - - - -- -- --- -- --- -- --- -- ---

Food and beverages 119.6 117.0 118.6 119.3 122.7 126.0Tobacco and alcohol 1238. 128.0 130.0 138.8 148.2 144.1Clothing and footwear 126.0 123.3 126.4 130.4 134.2 139.0

Housing 123.4 171.9 174.4 178.4 202.4 202.4Fuel and light 128.1 133.9 141.9 138.0 137.4 127.8Furniture 121.9 116.9 121.8 118.7 118.6 138.6Household suppli,.. 146.6 147.6 136.0 121.0 120.8 118.4Transp. A communication 120.7 121.8 126.0 146.9 146.6 146.8Other se-vices 136.4 149.8 147.9 148.6 146.4 181.0

(annual percentage change)Ali Items 6.1 2.1 1.8 0.5 8.4 2.1

------ ---- -- ---- - - - --- - - -- ---- -- - --- -_- -- -

Food and beverages 6.8 -2.1 1.4 0.6 2.6 1.9Tobacco and alcohol 2.2 8.6 1.6 4.8 6.1 0.8Clothing and footwear 4.8 -2.1 1.7 4.0 2.9 8.8Housing 14.3 89.8 1.6 -0.6 16.7 0.0Fuel and light 5., 4.6 6.0 -4.2 1.0 -7.0Furniture 6.6 -4.9 4.9 -2.4 -0.1 18.9Household supplies 17.8 0.8 -8.6 -10.4 -0.8 -1.6

Transport and communication -0.8 0.9 2.8 16.7 0.4 0.2Other services 2.2 9.6 -0.9 -0.9 -0.1 10.0

n.a.: Not available.

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