Parastatal Monitoring Department of Saint Lucia

The Parastatal Monitoring Department (PMD), a division under the Office of the Prime Minister, has launched a renewed series of inspections and inquiries into Saint Lucia’s statutory bodies. This initiative aims to reinforce the principles of good governance, accountability, and transparency within these institutions.

Established on 11th June 2012 by Cabinet Conclusion 332(a)-350 of 2012, the PMD is responsible for ensuring compliance across all levels of the parastatal sector. Parastatals, also referred to as statutory bodies, are organisaons created by law to carry out specic functions or responsibilies on behalf of the government. It can be set up for profit or as a non-profit entity to provide goods and services to the public, serve a public purpose, or perform functions related to the government. Examples include constituency councils, boards, commissions, agencies, and companies where the government owns shares.

Over 92 parastatals have been established in Saint Lucia, including institutions such as the National Insurance Corporation, the Saint Lucia Tourism Authority, the Citizenship by Investment Unit, the Water and Sewerage Company Inc., the Saint Lucia Air and Sea Ports Authority and, the National Conservation Authority, among others.

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