Grenada: 2007 Article IV Consultation-Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion

October 30, 2008

Preview Citation

Format: Chicago

Grenada: 2007 Article IV Consultation-Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion, (USA: International Monetary Fund, 2008) accessed November 21, 2024

Summary

The 2007 Article IV Consultation with Grenada discusses strong economic rebound in the aftermath of a hurricane devastation and broadly favorable economic prospects, with major tourism investments under way and the gradual recovery of the agricultural sector. The government’s highly successful debt restructuring is now largely complete and has resulted in substantial debt service savings. Executive Directors welcomed the efforts being made by the authorities to enhance the business climate and improve competitiveness, including through the recently developed national export strategy and other measures to reduce business costs.

Subject: Banking, Consumption taxes, Debt sustainability analysis, External debt, Fiscal policy, Fiscal stance, Public debt, Revenue administration, Taxes

Keywords: Broad money, Capital expenditure, Caribbean, Consumption taxes, CR, Debt, Debt situation, Deficit, Exchange rate, Fiscal stance, Global, Growth, ISCR, Private sector, Regulatory agency, Restructured debt, Service-to-revenue ratio, Tax concessions regime, Underpinning Grenada's debt trajectory

Publication Details

Pages:

65
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2008/351
Stock No:

1GRDEA2008001
ISBN:

9781451816501
ISSN:

1934-7685

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