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

International Monetary Fund

No 2018/236, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: ISCR; CR; debt; authority; real GDP; Grenadian authorities; public debt debt ratio; CARTAC TA; Grenadian economy; Grenada's economy; PFM legal and regulatory frameworks; Fiscal stance; Caribbean; Global (search for similar items in EconPapers)
Pages: 83
Date: 2018-07-25
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