IMF Staff Country Reports

Grenada: Staff Report for the 2000 Article IV Consultation

Publication Date:

July 19, 2000

Electronic Access:

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

Summary:

The Grenadian economy began to recover owing to progress in a number of reforms, combined with prudent macroeconomic policies that helped boost private sector confidence. Despite these major strides, indices of poverty and unemployment are the highest in the Caribbean region. Revitalizing the agricultural sector is essential for a sustained recovery. Continued vigilance over the domestic banking system is needed. The IMF staff commends the government for maintaining an agenda of ambitious reforms. Although the statistical base has improved in recent years, weaknesses remain.

Series:

Country Report No. 2000/085

Subject:

Banking Economic sectors External debt National accounts Private investment Public debt Public sector Revenue administration

Notes:

Included with the Staff Report is the text of Public Information Notice No. 00/50