IMF Staff Country Reports

Grenada : 2007 Article IV Consultation-Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion

Author/Editor:

International Monetary Fund

Publication Date:

October 30, 2008

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The 2007 Article IV Consultation with Grenada discusses strong economic rebound in the aftermath of a hurricane devastation and broadly favorable economic prospects, with major tourism investments under way and the gradual recovery of the agricultural sector. The government’s highly successful debt restructuring is now largely complete and has resulted in substantial debt service savings. Executive Directors welcomed the efforts being made by the authorities to enhance the business climate and improve competitiveness, including through the recently developed national export strategy and other measures to reduce business costs.

Series:

Country Report No. 08/351

Subject:

Article IV consultations Bank supervision Competition Debt sustainability Economic reforms External shocks Financial sector Financial stability Fiscal sustainability Inflation Poverty Reduction and Growth Facility Public debt Staff Reports Tax reforms

Frequency:

Biannually