Latest News for: Grenada finance

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Utility to operate as private company despite Grenada gov’t owning majority shares

The Gleaner 05 Jan 2021
Grenada’s Finance Minister Gregory Bowen says the light and power company in that Caribbean country, Grenlec, will continue to operate as a private company under the Companies Act, although the government has repurchased the majority shares owned... .
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World Bank Approves US$20 million for Grenada to Reduce Disaster Risks and Build Resilience

Reliefweb 21 Jan 2020
The Cat DDO provides Grenada with contingent financing in case of natural disasters while supporting the country’s reform program to build multi-sectoral resilience to disaster and climate risks ... The World Bank is providing comprehensive support to Grenada’s efforts ...
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Grenada: Staff Concluding Statement of the 2019 Article IV Mission

International Monetary Fund 28 May 2019
Robust FDI flows, including from the citizenship-by-investment (CBI) program, are financing the external deficit while supporting economic growth ... Grenada’s forthcoming 2020-35 development plan should be supported by successor medium-term plans to operationalize progress, secure financing, and ensure implementation.
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