IMF Staff Country Reports

Grenada: Staff Report for the 2000 Article IV Consultation

July 19, 2000

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Grenada: Staff Report for the 2000 Article IV Consultation, (USA: International Monetary Fund, 2000) accessed September 18, 2024

Summary

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.

Subject: Banking, Economic sectors, External debt, National accounts, Private investment, Public debt, Public sector, Revenue administration

Keywords: Balance of payments, Bill, Capital project, Caribbean, CR, Deficit, GDP, Government, Grenadian authorities, IMF's assessment, Industry representative, ISCR, Private investment, Private sector, Public sector, Real GDP

Publication Details

  • Pages:

    42

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2000/085

  • Stock No:

    1GRDEA0012000

  • ISBN:

    9781451816389

  • ISSN:

    1934-7685

Notes

Included with the Staff Report is the text of Public Information Notice No. 00/50