Grenada: Staff Report for the 2000 Article IV Consultation

International Monetary Fund

No 2000/085, IMF Staff Country Reports from International Monetary Fund

Abstract: The Grenadian economy began to recover owing to progress in a number of reforms, combined with prudent macroeconomic policies that helped boost private sector confidence. Despite these major strides, indices of poverty and unemployment are the highest in the Caribbean region. Revitalizing the agricultural sector is essential for a sustained recovery. Continued vigilance over the domestic banking system is needed. The IMF staff commends the government for maintaining an agenda of ambitious reforms. Although the statistical base has improved in recent years, weaknesses remain.

Keywords: ISCR; CR; government; deficit; GDP; private sector; bill; Grenadian authorities; industry representative; real GDP; balance of payments; capital project; IMF's assessment; Public sector; Private investment; Caribbean (search for similar items in EconPapers)
Pages: 42
Date: 2000-07-19
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