STATEMENT AT THE END OF A STAFF VISIT TO GRENADA
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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.