Story perspectives
62% of St. Lucia Businesses Hit by Security Levy
2/23/2025
39 6
1 of 1
Story summary
- A survey by the St. Lucia Chamber of Commerce revealed that 62% of businesses are impacted by the Health & Citizen Security Levy.
- The levy affects costs for 51% of businesses and profitability for 58%.
- Only 20% of businesses reported being affected by the minimum wage increase.
- Despite these challenges, 72% experienced stable or improved cash flow, with 50% reporting increased sales in 2024.
