Grenada: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Grenada
July 25, 2018
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Grenada made important strides under the 2014-17 ECF-supported program, achieving an impressive debt reduction by 37 percent of GDP since 2013, upgrading the framework for fiscal policy, strengthening the financial system, improving governance, and creating a better business environment. Nonetheless, public debt is still relatively high, job creation has been insufficient, and the institutional capacity for policy implementation needs strengthening.
Subject: Expenditure, External debt, Fiscal policy, Fiscal stance, PFM legal and regulatory frameworks, Public debt, Public financial management (PFM)
Keywords: authority, Caribbean, CARTAC TA, CR, debt, Fiscal stance, Global, Grenada's economy, Grenadian authorities, Grenadian economy, ISCR, PFM legal and regulatory frameworks, public debt debt ratio, real GDP
Pages:
83
Volume:
2018
DOI:
Issue:
236
Series:
Country Report No. 2018/236
Stock No:
1GRDEA2018001
ISBN:
9781484370223
ISSN:
1934-7685
