Cover IMF Staff Country Reports
Grenada: Fifth Review Under the Extended Credit Facility, Request for Modification of Performance Criteria, and Financing Assurances Review-Press Release; and Staff Report
Author: International Monetary Fund. Western Hemisphere Dept.
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2016: Issue 389
Language:
English
Publication Date:
21 Dec 2016
DOI:
https://doi.org/10.5089/9781475546569.002
ISBN:
9781475546569
ISSN:
1934-7685
Pages:
82
Keywords:
ISCR; CR; fund staff estimate; ECF arrangement; debt service; broad money; private sector; public debt Management Act; debt restructuring agreement; restructuring public debt; disbursement of the equivalent of SDR; Arrears; Debt restructuring; Credit; Caribbean
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This paper discusses Grenada’s Fifth Review Under the Extended Credit Facility (ECF), Request for Modification of Performance Criteria, and Financing Assurances review. Overall program implementation remains solid. All quantitative performance criteria for the Fifth Review were met. Some structural benchmarks have been delayed, but there has been corrective action. The authorities have advanced reforms to strengthen tax administration, improve public finance management, and bolster the business environment. The IMF staff supports the completion of the Fifth Review under the ECF arrangement.
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund