Grenada : Use of Fund Resources-Request for Emergency Assistance

This paper highlights Grenada's Request for Emergency Assistance. The near-term economic outlook of Grenada is very difficult. Having grown by nearly 4 percent in the first half of the year, the economy is now projected to contract by more than 3 percent in 2004. The authorities, with the support of the international community, are responding swiftly to the emerging needs of the economy. The authorities have also requested a purchase under the IMF's policy on emergency assistance for natural disasters for an amount equivalent to SDR 2.93 million.
Publication date: December 2004
ISBN: 9781451816419
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International - Economics , International - Economics , debt , public sector , budget , deficit , budget support

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