Please try making sense of the photograph and the subject matter, put together into one article.
https://clubdeparis.org/en/communica...itiative-25-11
I am sure there must be some poor neighborhoods. But the photo gives me the impression that among the COVID-19 scare the very wealthy can take advantage of BASIL final rules.
You see, among the unredeemed, the objective is to manage and sustain debt, not to pay it off.The Government of Saint Lucia is committed to devote the resources freed by this initiative to increase spending in order to mitigate the health, economic and social impact of the COVID19-crisis. The Government of Saint Lucia is also committed to seek from all its other bilateral official creditors a debt service treatment that is in line with the agreed term sheet.
Can anyone say, Treasury Bubble?This initiative will also contribute to help Saint Lucia to improve debt transparency and debt management.