Grenada: Use of Fund Resources—Request for Emergency Assistance

December 9, 2004

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Grenada: Use of Fund Resources—Request for Emergency Assistance, (USA: International Monetary Fund, 2004) accessed November 22, 2024

Summary

This paper highlights Grenada’s Request for Emergency Assistance. The near-term economic outlook of Grenada is very difficult. Having grown by nearly 4 percent in the first half of the year, the economy is now projected to contract by more than 3 percent in 2004. The authorities, with the support of the international community, are responding swiftly to the emerging needs of the economy. The authorities have also requested a purchase under the IMF’s policy on emergency assistance for natural disasters for an amount equivalent to SDR 2.93 million.

Subject: Capital spending, Environment, Expenditure, Fiscal policy, Fiscal stance, Natural disasters, Public debt, Revenue administration

Keywords: Assistance, Banking system, Capital spending, Caribbean, CR, Debt service, Fiscal stance, GDP, Government, Grenada's authorities, ISCR, Longer-term reconstruction assistance, Natural disasters, Reconstruction fund

Publication Details

Pages:

40
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/405
Stock No:

1GRDEA0012004
ISBN:

9781451816419
ISSN:

1934-7685

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