Grenada : Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Requests for Waivers and Modification of Quantitative Performance Criteria, and Financing Assurances Review: Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Grenada

1GRDEA2009001 Image
Price:  $18.00

Release Date: © March, 2009
ISBN : 978-1-45181-654-9
Stock #: 1GRDEA2009001
English
Stock Status: On back-order

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Description

This paper presents key findings of the Second Review for Grenada under the Poverty Reduction and Growth Facility (PRGF). Grenada’s economic outlook has deteriorated somewhat, mainly reflecting the global financial turmoil and slowing global growth. Financial turmoil and the global economic slowdown are expected to slow tourism demand, FDI, and remittances, and could also negatively affect grants from some donors. The authorities are moving forward with a policy framework that provides for needed fiscal consolidation, addresses financial sector vulnerabilities, and reinvigorates the structural agenda.

Taxonomy

Economic policy , Fiscal policy , Political economy




More publications in this series: IMF Staff Country Reports