Grenada: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Grenada
IMF Staff Country Reports, July 25, 2018
Source details
- Canonical URL
- Grenada: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Grenada
Other formats
Bibliographic details
- Published: July 25, 2018
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484370223.002
Major findings and achievements
- Under the 2014-17 ECF-supported program Grenada achieved a debt reduction of 37 percent of GDP since 2013.
- Upgraded the framework for fiscal policy.
- Strengthened the financial system.
- Improved governance.
- Created a better business environment.
Remaining vulnerabilities and policy challenges
- Public debt remains relatively high.
- Job creation has been insufficient.
- Institutional capacity for policy implementation needs strengthening.
Subject areas and keywords covered
- 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 and document metadata
- Publication title: Grenada: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Grenada
- Publication date: July 25, 2018
- Series: Country Report No. 2018/236
- Issue: 236
- Volume: 2018
- Pages: 83
- DOI: https://doi.org/10.5089/9781484370223.002
- ISBN: 9781484370223
- ISSN: 1934-7685
- Stock No: 1GRDEA2018001
International Monetary Fund. Grenada: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Grenada (July 25, 2018).
Content in this bundle
- Country Report