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Grenada: Use of Fund Resources—Request for Emergency Assistance

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  • International Monetary Fund

Abstract

This paper highlights Grenada’s Request for Emergency Assistance. The near-term economic outlook of Grenada is very difficult. Having grown by nearly 4 percent in the first half of the year, the economy is now projected to contract by more than 3 percent in 2004. The authorities, with the support of the international community, are responding swiftly to the emerging needs of the economy. The authorities have also requested a purchase under the IMF’s policy on emergency assistance for natural disasters for an amount equivalent to SDR 2.93 million.

Suggested Citation

  • International Monetary Fund, 2004. "Grenada: Use of Fund Resources—Request for Emergency Assistance," IMF Staff Country Reports 2004/405, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2004/405
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