IMF’s findings from its most recent review of the Grenadian economy are as follows:

• Growth has remained strong, reflecting external tailwinds and the fruits of past reforms. The outlook is promising but is subject to downside risks.
• The focus of policy should shift toward making growth more sustainable, resilient, and inclusive. Fiscal policy should balance further progress in debt reduction against a gradual use of well-earned fiscal space to close the country’s infrastructure and resilience gaps, in tandem with capacity and efficiency improvements to bolster the impact on growth.
• Policies to enhance resilience to climate change and natural disasters should be fully integrated into a credible medium-term fiscal framework.
• Continued progress in financial sector oversight, structural reforms, economic governance, and data provision is necessary to support and enhance sustainable growth.

(Source: IMF)