IMF Staff Country Reports

Grenada: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Grenada

July 25, 2018

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Grenada: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Grenada, (USA: International Monetary Fund, 2018) accessed November 24, 2024

Summary

Grenada made important strides under the 2014-17 ECF-supported program, achieving an impressive debt reduction by 37 percent of GDP since 2013, upgrading the framework for fiscal policy, strengthening the financial system, improving governance, and creating a better business environment. Nonetheless, public debt is still relatively high, job creation has been insufficient, and the institutional capacity for policy implementation needs strengthening.

Subject: Expenditure, External debt, Fiscal policy, Fiscal stance, PFM legal and regulatory frameworks, Public debt, Public financial management (PFM)

Keywords: Authority, Caribbean, CARTAC TA, CR, Debt, Fiscal stance, Global, Grenada's economy, Grenadian authorities, Grenadian economy, ISCR, PFM legal and regulatory frameworks, Public debt debt ratio, Real GDP

Publication Details

  • Pages:

    83

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2018/236

  • Stock No:

    1GRDEA2018001

  • ISBN:

    9781484370223

  • ISSN:

    1934-7685