Grenada: Use of Fund Resources—Request for Emergency Assistance
December 9, 2004
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This paper highlights Grenada’s Request for Emergency Assistance. The near-term economic outlook of Grenada is very difficult. Having grown by nearly 4 percent in the first half of the year, the economy is now projected to contract by more than 3 percent in 2004. The authorities, with the support of the international community, are responding swiftly to the emerging needs of the economy. The authorities have also requested a purchase under the IMF’s policy on emergency assistance for natural disasters for an amount equivalent to SDR 2.93 million.
Subject: Capital spending, Environment, Expenditure, Fiscal policy, Fiscal stance, Natural disasters, Public debt, Revenue administration
Keywords: assistance, banking system, Capital spending, Caribbean, CR, debt service, Fiscal stance, GDP, government, Grenada's authorities, ISCR, longer-term reconstruction assistance, Natural disasters, reconstruction fund
Pages:
40
Volume:
2004
DOI:
Issue:
405
Series:
Country Report No. 2004/405
Stock No:
1GRDEA0012004
ISBN:
9781451816419
ISSN:
1934-7685
