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Grenada: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Grenada
Author:
International Monetary Fund. Western Hemisphere Dept.
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2018: Issue 236
Language:
English
Publication Date:
25 Jul 2018
DOI:
https://doi.org/10.5089/9781484370223.002
ISBN:
9781484370223
ISSN:
1934-7685
Pages:
83
Keywords:
ISCR; CR; debt; authority; real GDP; Grenadian authorities; public debt debt ratio; CARTAC TA; Grenadian economy; Grenada's economy; PFM legal and regulatory frameworks; Fiscal stance; Caribbean; Global
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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. Nonetheless, public debt is still relatively high, job creation has been insufficient, and the institutional capacity for policy implementation needs strengthening.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund