{
  "title": "Grenada: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Grenada",
  "publication": "IMF Staff Country Reports, July 25, 2018",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2018/07/25/grenada-2018-article-iv-consultation-press-release-staff-report-and-statement-by-the-46114",
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  "summary": "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.",
  "sections": [
    {
      "heading": "Major findings and achievements",
      "content": "- Under the 2014-17 ECF-supported program Grenada achieved a debt reduction of 37 percent of GDP since 2013.\n- Upgraded the framework for fiscal policy.\n- Strengthened the financial system.\n- Improved governance.\n- Created a better business environment."
    },
    {
      "heading": "Remaining vulnerabilities and policy challenges",
      "content": "- Public debt remains relatively high.\n- Job creation has been insufficient.\n- Institutional capacity for policy implementation needs strengthening."
    },
    {
      "heading": "Subject areas and keywords covered",
      "content": "- Subject: Expenditure, External debt, Fiscal policy, Fiscal stance, PFM legal and regulatory frameworks, Public debt, Public financial management (PFM)\n- 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"
    },
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      "heading": "Publication and document metadata",
      "content": "- Publication title: Grenada: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Grenada\n- Publication date: July 25, 2018\n- Series: Country Report No. 2018/236\n- Issue: 236\n- Volume: 2018\n- Pages: 83\n- DOI: https://doi.org/10.5089/9781484370223.002\n- ISBN: 9781484370223\n- ISSN: 1934-7685\n- Stock No: 1GRDEA2018001\n\nInternational Monetary Fund. Grenada: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Grenada (July 25, 2018).\n\n---\n\n Content in this bundle\n\n- Country Report\n  - Country Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Country Report (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: July 25, 2018",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484370223.002",
    "Under the 2014-17 ECF-supported program Grenada achieved a debt reduction of 37 percent of GDP since 2013.",
    "Upgraded the framework for fiscal policy.",
    "Strengthened the financial system.",
    "Improved governance.",
    "Created a better business environment.",
    "Job creation has been insufficient.",
    "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",
    "Publication title: Grenada: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Grenada",
    "Publication date: July 25, 2018",
    "Series: Country Report No. 2018/236",
    "Issue: 236",
    "Volume: 2018",
    "Pages: 83",
    "DOI: https://doi.org/10.5089/9781484370223.002",
    "ISBN: 9781484370223",
    "ISSN: 1934-7685",
    "Stock No: 1GRDEA2018001",
    "**Country Report**"
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