International Financial Institutions (IFIs) including the World Bank and the International Monetary Fund (IMF) are now willing to reassess the policy of GDP per capita attached to concessionary development financing. Caribbean Community (CARICOM) Secretary-General, Ambassador Irwin LaRocque said that this was a major result of his recent discussions in Washington with the President of the […]
PUBLIC INVESTMENT SCALING-UP AND DEBT SUSTAINABILITY:THE CASE OF ENERGY SECTOR INVESTMENTS IN THE CARIBBEAN
IMF CONCLUDES SECOND REVIEW OF GRENADA’S STRUCTURAL ADJUSTMENT PROGRAM St. George — At the conclusion of its second review of Grenada’s Structural Adjustment Program under the extended credit facility, the International Monetary Fund says that Grenada’s economy is recovering faster than expected.
PRIME MINISTER HEADS TO WASHINGTON ST. GEORGE — Prime Minister Dr. The Rt. Hon. Keith Mitchell is on a trip to the United States and the United Kingdom.
PUBLIC EDUCATION SERIES TO COMMENCE ST. GEORGE — The Committee of Social Partners comprising Government, Business, Labour Unions, Churches and Non- Governmental Organisations NGOs) will, on Tuesday October 1st, 2013, launch a public education series styled National Social Partners Forum.
CIVIL SOCIETY GROUPING MEETS WITH IMF St. George — On Friday, September 13th, some members of the grouping of Civil Society Organisations met with Head of the IMF Mission to Grenada, Ms. Aliona Cebotari and other members of her team. Without going into any details, Ms. Cebotari gave an overview of the debt crisis facing […]
PROGRESS MADE IN DISCUSSIONS WITH THE IMF ST. GEORGE — Government wishes to report significant progress in its discussions with the International Monetary Fund (the Fund) which concluded a mission to Grenada on September 13, 2013.
IMF CONCLUDES MOST RECENT MISSION St. George — The delegation from the International Monetary Fund (IMF) in separate meetings with the Grenada Trades Union Council and Civil Society Organization pronounced Grenada as a cancer patient in need of urgent treatment, including chemotherapy. The comparison to a cancer patient was made in relation to country’s massive […]
ADJUSTMENTS WILL HAVE TO BE HUGE St. George — The International Monetary Fund (IMF) has warned that adjustments to be made in addressing Grenada’s debt crisis will have to be huge. And, the burden will not fall solely on the back of government, but also on the people.
CCG URGES GOVERNMENT NOT TO ACCEPT ADDITIONAL AUSTERITY MEASURES FROM THE IMF We, the leaders of the member churches of the Conference of Churches in Grenada are deeply concerned about the hardship being suffered by so many of our people in Grenada, Carriacou and Petite Martinique. People are now finding it difficult to provide for […]