Grenada : Staff Report for the 2005 Article IV Consultation

1GRDEA2005002 Image
Price:  $15.00

Release Date: © August, 2005
ISBN : 978-1-45181-646-4
Stock #: 1GRDEA2005002
English
Stock Status: On back-order

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Description

This 2005 Article IV Consultation highlights that real GDP growth in Grenada, on average, has been low over the last five years compared with growth of nearly 6 percent a year in the late-1990s. Inflation has remained low and stable within the framework of the currency board arrangement. The annual inflation rate in April 2005 was 1.8 percent. External current account deficits have been large, although mostly financed by foreign direct investment and capital transfers. Financial sector indicators have also strengthened in recent years.

Taxonomy

Economic policy , Fiscal policy




More publications in this series: IMF Staff Country Reports