The Grenadian government has officially welcomed the International Monetary Fund’s conclusive 2025 Article IV Consultation Report, which received formal endorsement from the IMF Executive Board. This comprehensive assessment, initially conducted during an on-site mission to Grenada in October 2025, has now been fully published alongside a detailed Debt Sustainability Analysis (DSA) through IMF digital platforms and Grenada’s Ministry of Finance communication channels.
The IMF’s evaluation presents an optimistic perspective on Grenada’s economic and fiscal direction, highlighting confidence in the nation’s near to medium-term growth prospects. This positive outlook is primarily driven by vigorous construction sector activity and the economy’s limited vulnerability to international trade volatilities.
Critical findings from the Debt Sustainability Analysis affirm the continued sustainability of Grenada’s public debt, while acknowledging that the country’s debt distress rating—maintained since 2015—stems from unresolved external arrears with Trinidad and Tobago and Algeria. Grenadian authorities emphasized their ongoing good-faith negotiations to regularize these arrears and enhance the nation’s credit standing.
Reaffirming its dedication to fiscal discipline, the government reiterated its commitment to the Fiscal Resilience Framework, which includes achieving a 60% debt-to-GDP benchmark by 2035. Concurrently, Grenada continues to advance strategic investment initiatives, notably Project Polaris, its flagship healthcare enhancement program.
The administration remains steadfast in its pursuit of transparent economic governance and sustained collaboration with international financial institutions, including the IMF, to ensure sustainable and inclusive development across the Caribbean nation.









