Grenada: 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Grenada

July 3, 2019

Summary

Owing to improved policy frameworks and favorable external conditions, Grenada’s economy has been growing rapidly. Policies have remained prudent, helping reduce public debt and financial system vulnerabilities. The domestic policy debate is increasingly focused on using potential fiscal space for spending on public pensions and investment on building resilience to natural disasters.

Subject: Environment, Expenditure, External debt, Natural disasters, PFM legal and regulatory frameworks, Public debt, Public financial management (PFM)

Keywords: bank credit growth, building resilience, Caribbean, CARTAC TA, climate funds, CR, debt, deficit, FDI flow, FRL debt target, FRL-mandated expenditure restraint, Global, Grenada, Grenadian authorities, ISCR, Natural disasters, PFM legal and regulatory frameworks, reform agenda, resilience gap

Pages:
92
Volume:
2019
DOI:
https://doi.org/10.5089/9781498323000.002
Issue:
192
Series:
Country Report No. 2019/192
Stock No:
1GRDEA2019001
ISBN:
9781498323000
ISSN:
1934-7685

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