|
Wednesday, September 11, 2013
The Grenada government has turned to the International Monetary Fund (IMF) for assistance as it seeks to turn around its sluggish economy. According to a statement, government has invited a delegation from the Washington-based financial institution to assess the current economic situation in the country.
Grenada is discussing a formal arrangement with the IMF for a team to focus on the fiscal performance of the country for 2013 as well as the proposed debt restructuring programme before departing on September 13. Government's plans and priorities for the New Economy, including growth and job creation and projections and reforms for the medium term 2014, 2016, will also be examined according to the statement.
The Conference of Churches Grenada said it was deeply concerned about the prevailing socio-economic situation in the country but insisted that and any attempt to impose additional taxes on the Grenadian population should be resisted. |
