Caribbean Development Bank, UK Foreign, Commonwealth & Development Office Sign £10 Million Agreement to Advance Geothermal Energy Development in Grenada

March 25, 2025 The Caribbean Development Bank (CDB), the United Kingdom’s Foreign, Commonwealth & Development Office (FCDO), and the Government of Grenada (GOGR) have taken a significant step towards advancing…

IMF Executive Board Concludes 2024 Article IV Consultation with Grenada

February 7, 2024 On January 24, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with Grenada. Through end-June 2024, Grenada’s economy was experiencing sustained strong…

Grenada: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Grenada

February 7, 2025 Through end-June 2024, Grenada’s economy was experiencing sustained strong growth supported by buoyant tourism, moderating inflation, and a narrowing current account deficit. A surge in Citizenship-by-Investment (CBI)…

Nigeria to invest $1.8 BN in Grenada oil hopes!

By: Staff Writer November 5, 2024 Nigerian oil firm Oceangate Oil and Gas Engineering chief executive officer Aisha Achimugu said Global Petroleum Group (GPG) to develop oil and gas resources…

Grenada Keeps Old Citizenship by Investment Fee For Now Following Hurricane Beryl

July 26, 2024 On the heels of Hurricane Beryl, officials in Grenada have extended the fee increase deadline for applicants to its Citizenship by Investment (CBI) program. A family stands…

Grenada Staff Concluding Statement of the 2024 Article IV Mission

June 21, 2024 Grenada’s economy is experiencing sustained, strong growth supported by buoyant tourism. A surge in citizenship-by-investment (CBI) revenue has resulted in a large budget surplus, an increase in…

Awaken New Depths: Civil Society Embraces the Challenge of Plastic Recycling in Grenada and Dominica

June 11, 2024 As the world commemorates World Oceans Day on June 8 with the theme, “Awaken New Depths,” the Recycle OECS Project underscores the significant strides made in Grenada…

Unwrap Caribbean sweetness at Grenada’s Chocolate Factory

April 2, 2024 Nestled amidst the lush tropical landscapes and vibrant culture of Grenada lies a gem that tantalizes not just the taste buds but also the imagination—the Grenada Chocolate…

IMF Staff concludes 2023 Staff Visit to Grenada

November 21, 2023 An International Monetary Fund (IMF) team led by Mr. Janne Hukka met with the authorities of Grenada during November 15–17 to discuss recent economic developments and follow…

IMF Executive Board Concludes 2023 Article IV Consultation with Grenada

July 21, 2023 On July 17, 2023, the Executive Board of the International Monetary Fund (IMF) concluded the 2023 Article IV consultation [1] with Grenada and considered and endorsed the…

Grenada: 2023 Article IV Consultation-Press Release; and Staff Report

July 21, 2023 Grenada is simultaneously navigating the recovery from the pandemic and a rise in energy and food prices. Growth is estimated to have reached 6.4 percent in 2022,…

Regional recruitment company looks forward to fruitful implementation of IMF recommendations

June 2, 2023 Caribbean Employment Services Inc., a market-leading digital talent acquisition service that aims to connect the top talent from the Caribbean with employers both within the region and…