Press Release No. 19/42

Statement by IMF Deputy Managing Director Tao Zhang on Meeting with Prime Minister of Grenada Keith Mitchell

February 14, 2019

Mr. Tao Zhang, Deputy Managing Director of the International Monetary Fund (IMF), met yesterday with The Rt. Hon. Prime Minister Keith Mitchell in the city of St. George’s. Following the meeting, Mr. Zhang made the following statement:

“It is my pleasure to visit Grenada for the first time. I would like to thank Prime Minister Mitchell, members of the Parliament and cabinet, and representatives of the private sector for their warm welcome, hospitality, and productive discussions.

“During our meeting, Prime Minister Mitchell and I discussed the latest economic developments. I congratulated him on Grenada’s successful record of policy implementation. Growth is among the highest in the Caribbean region, unemployment is falling, and public debt is declining.

“PM Mitchell and I also discussed the importance of early preparedness to protect Grenada against natural disasters and climate change and key dimensions of resilience-building policies. We at the IMF value our relationship with Grenada and stand ready to help the country build a more prosperous and inclusive economy.”