Grenada : Third Review Under the Extended Credit Facility, Request for Modification of Performance Criteria, and Financing Assurances Review-Press Release; and Staff Report

Information about Western Hemisphere Hemisferio Occidental

Journal Issue

Volume/Issue:: 2015/333
Series:: IMF Staff Country Reports
Author(s):: International Monetary Fund. Western Hemisphere Dept.
Publisher:: INTERNATIONAL MONETARY FUND
Published Date:: December 2015
DOI:: http://dx.doi.org/10.5089/9781513554136.002
ISBN:: 9781513554136
ISSN:: 1934-7685
Page:: 84

This paper discusses Grenada's Third Review Under the Extended Credit Facility (ECF), Request for Modification of Performance Criteria (PCs), and Financing Assurances Review. Overall program implementation remains strong. All quantitative PCs for the third review were met. All structural benchmarks for the third review were implemented. The authorities advanced reforms to ensure the transparent and sustainable management of the Citizenship-By-Investment revenues, strengthen the fiscal policy framework, and improve public finance management. The IMF staff supports the completion of the third review under the ECF-arrangement, the modification of quantitative PCs, and completion of the financing assurances review.

Show Summary Details

You are not logged in and do not have access to this content. Please login or, to subscribe to IMF eLibrary, please click here

Grenada - Third Review Under the Extended Credit Facility, Request for Modification of Performance Criteria, and Financing Assurances Review-Press Release; and Staff Report