On Thursday, 20 July 2023, the Executive Board of the World Bank Group approved a concessional loan in the amount of US$30 million to the Government of Grenada as a testament to the significant strides made in implementing critical reforms in the past 12 months.
These reforms are geared towards promoting a greener and more climate-resilient economy and improving sustainability, inclusiveness, and accountability of fiscal management.
Specifically, the reforms aim to improve disaster management, enhance energy efficiency, promote gender equality, strengthen tax administration, and bolster fiscal resilience. The reforms will also advance Grenada’s transformational and sustainable development agenda to bring meaningful benefits to our environment, society, economy, and ultimately our people.
