Hits: 133 Created on 22 March 2017 Written by IMF Category: BUSINESS
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STATEMENT AT THE END OF A STAFF VISIT TO GRENADA

[For media conference, click here]

An International Monetary Fund (IMF) team led by Nicole Laframboise visited Grenada from March 15-22, 2017 to conduct discussions on the Sixth Review of Grenada's IMF-supported program under the Extended Credit Facility (ECF). The ECF arrangement was approved on June 26, 2014 for an amount of SDR 14.04 million (then US$19.4 million, or 120 percent of Grenada's quota at the IMF). Thus far, total resources of SDR 12.04 million (about US$17.5 million) have been made available to Grenada under the arrangement.

Read more: INTERNATIONAL MONETARY FUND
 
Hits: 163 Created on 22 March 2017 Written by GRENLEC Category: BUSINESS
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GOVERNMENT LEGISLATION CAUSES REPURCHASE OF GRENLEC SHARES

St. George -- Today Grenada Private Power Limited (GPP), the 50% shareholder of Grenlec, submitted its formal demand for the Government of Grenada to repurchase GPP's shares in Grenlec.  

Read more: COMING TO A "HEAD"
 
Hits: 128 Created on 19 March 2017 Written by nbcnews Category: BUSINESS
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NEW LEGISLATION INTRODUCED TO END EB-5 IMMIGRANT INVESTOR PROGRAM
Click here to read

 
Hits: 169 Created on 18 March 2017 Written by MOE Category: BUSINESS
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ADJUSTMENT TO PETROLEUM PRICES FOR MARCH 2017

ST. GEORGE -- Effective, Saturday March 18th, 2017, the retail prices of petroleum products (Gasoline, Diesel, Kerosene and LPG {Cooking Gas}) in the State of Grenada will be as follows:

Read more: MINOR DOWNWARD MOVEMENT
 
Hits: 173 Created on 15 March 2017 Written by Shermalon Kirby-Gordon Category: BUSINESS
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