Press Releases

Grenada: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding

Grenada: IMF Executive Board Discusses Ex Post Assessment of Longer-Term Program Engagement

Press Release No.14/29 January 28, 2014 On January 13, 2014, the IMF Executive Board discussed the Ex Post Assessment (EPA) of Longer-Term Program Engagement in Grenada. Since 2006, Grenada has had extensive engagement with the Fund, including an...

Grenada: Ex Post Assessment of Longer-Term Program Engagement

Summary: EXECUTIVE SUMMARY Grenada’s first arrangement under the Poverty Reduction and Growth Facility (PRGF) played an important role in bolstering the small island economy after it was buffeted by major adverse shocks. It catalyzed substantial...

Hotel Equities Strengthens Presence in Caribbean and Latin America; Appoints Industry Veteran Marilia Pergola VP of Operations for the Region

ATLANTA, April 24, 2025 (GLOBE NEWSWIRE) -- Hotel Equities (HE), today announced the appointment of Marilia Pergola as Vice President of Operations for the Caribbean and Latin America (CALA) region. Pergola will be based in the company’s Miami...

Matthew Harrison Graduates from the Advanced Economic Development Leadership (AEDL) Program

Designed to be immersive and challenging, the curriculum enhances essential skills needed for leading successful community and economic development strategies. GRENADA, MS, UNITED STATES, October 28, 2024 /⁨EINPresswire.com⁩/ -- Matthew Harrison,...

IMF Executive Board Completes Final Review Under the Extended Credit Facility Arrangement for Grenada

May 18, 2017 The completion of the Review enables final disbursement of US$2.8 million. Grenada successfully met its original reform program targets, which included fiscal adjustment and debt reduction. Grenada’s economy grew by about 3.9 percent...

Mount Cinnamon Resort & Beach Club – Earns Platinum Award for Ten Years Green Globe Certified

Mount Cinnamon Beach Resort is celebrating 10 years as a Green Globe certified resort. SANTA MONICA, CA, UNITED STATES, February 4, 2025 /⁨EINPresswire.com⁩/ -- Mount Cinnamon Resort and Beach Club in Grenada is one of the island’s best-kept gems....

Statement at the End of a Staff Visit to Grenada

March 22, 2017 End-of-Visit press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the...

eRAD Donates PACS to Hospital in Grenada

GREENVILLE, S.C., Jan. 05, 2017 (GLOBE NEWSWIRE) -- eRAD announced today that it has successfully deployed its PACS at St. George’s General Hospital in Grenada as part of a philanthropic effort by the company to bring the benefits of digital...

IMF Executive Board Completes Fifth Review Under the Extended Credit Facility Arrangement for Grenada and Approves US$2.9 Million Disbursement

December 21, 2016 IMF Board Approves US$2.9 Million Disbursement for Grenada under ECF Government made further progress restructuring public debt Prospects for debt sustainability and durable growth are improving The Executive Board of the...

Spice Island Beach Resort Resumes Full Operations After Hurricane Beryl

GRENADA, July 6, 2024 /⁨EINPresswire.com⁩/ -- One of the leading resorts in the Caribbean, Spice Island Beach Resort in Grenada, resumed full operations following the passage of Hurricane Beryl, which devastated Grenada’s dependencies, Carriacou...

Grenada: Statement by the IMF Mission

An International Monetary Fund (IMF) mission led by Ms. Nita Thacker visited Grenada during May 7–17 for the 2012 Article IV consultation. This consultation is a bilateral discussion which the IMF typically has with its members, once a year....

IMF Staff Concludes Visit to Grenada

September 14, 2016 End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent...

Players Win More than $1 Million in Mississippi Lottery Spring 2nd Chance Promotional Drawing

Lotto America Nears Historic High JACKSON, MISS. – What started as non-winning scratch-off tickets turned into a combined $1,025,000 win for ten players in the Mississippi Lottery’s 2nd Chance promotional drawing held April 9. The 2nd Chance...

Grenada: Statement by an IMF Mission

An International Monetary Fund (IMF) mission led by Ms. Nita Thacker visited St. George’s during March 14–22 to conduct discussions on the second review of the government’s economic program supported by the IMF’s Extended Credit Facility (ECF)...

Press Release: IMF Executive Board Completes Second Review Under the ECF Arrangement for Grenada, and Approves US$2.8 Million Disbursement

Press Release No.15/304 June 29, 2015 The Executive Board of the International Monetary Fund (IMF) today completed the second review of Grenada’s economic performance under a three-year program supported by an arrangement under the Extended Credit...

Committee advances discussions on trade-related climate measures and technology transfer

Trade-related climate measures Members discussed two new proposals, namely the Republic of Korea's communication titled “Key Considerations for Trade-related Climate Measures (TrCMs): Suggested approaches toward a sustainable future” and the...

NTL Trust Launches Real Estate Hub to Streamline Caribbean Citizenship by Investment

BASSETERRE, SAINT KITTS AND NEVIS, April 1, 2025 /⁨EINPresswire.com⁩/ -- NTL Trust has announced the launch of its new digital platform, the Real Estate Hub, designed to connect global investors with government-approved real estate opportunities...

NTL Trust Launches Real Estate Hub to Streamline Caribbean Citizenship by Investment

BASSETERRE, SAINT KITTS AND NEVIS, March 31, 2025 /⁨EINPresswire.com⁩/ -- NTL Trust has announced the launch of its new digital platform, the Real Estate Hub, designed to connect global investors with government-approved real estate opportunities...

Western Hemisphere: Grenada's Independence Day

On behalf of President Obama and the people of the United States, I congratulate the people of Grenada, Carriacou, and Petite Martinique on the 40th anniversary of your independence on February 7. The United States is proud of what our peoples and...