Grenada: Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility
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Summary:
Grenada quickly recovered from the devastating effects of Hurricane Ivan. Executive Directors welcomed the economic reform program aimed to promote economic growth, restore fiscal and debt sustainability, reduce vulnerabilities, and alleviate poverty. They emphasized the need to strengthen the financial regulatory framework and accelerate structural reforms. They agreed that steadfast policy implementation can reduce debt and fiscal sustainability. They commended that the new strategy will help to address its economic and social challenges, and recommended for an arrangement under the Poverty Reduction and Growth Facility.
Series:
Country Report No. 2006/277
Subject:
Debt service Environment External debt Fiscal policy Fiscal stance Natural disasters Public debt
English
Publication Date:
July 31, 2006
ISBN/ISSN:
9781451816471/1934-7685
Stock No:
1GRDEA2006001
Pages:
86
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