2014 IMF restructuring measures will remain

Foreign Affairs Minister Joseph Andall said that although Grenada formally ended the major elements of a 3-year International Monetary Fund (IMF) restructuring programme in 2016, the Dickon Mitchell administration will not remove some of the programme’s measures because they made fiscal sustainable sense.

“Although we can say that formally the programme or the major elements of the programme are over, in a real sense, many of the measures that came into force made sense, and we are keeping them in place,” Andall said while answering questions in a town meeting held in the constituency of St George North-West on Monday, 31 July 2023.

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