Increase in public debt during first quarter of 2023

The Government of Grenada is reporting that at the end of the first quarter of 2023, there was a 1.1% increase in total Central Government and Government Guaranteed debt. It stood at EC$2,097.2 million.

“At the end of the first quarter of 2023, the stock of Central Government (CG) and Government-guaranteed (GG) debt was EC$2,097.2 million, 59.1% of Gross Domestic Product (GDP). There was a 1.1% increase in total CG and GG debt when compared to the previous quarter and a 0.7% increase when compared to the same period in the previous year,” said the first quarter public debt bulletin.

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