The Government of Grenada welcomes the publication of the International Monetary Fund’s (IMF) 2025 Article IV Consultation Report, following its consideration by the IMF Executive Board.
The IMF conducted its Article IV Consultation mission in Grenada in October 2025 and issued a Concluding Statement at that time. The full Staff Report and accompanying Debt Sustainability Analysis (DSA) for Grenada have now been released by the IMF and are available to the public on the IMF’s website, as well as on Ministry of Finance platforms, including the Ministry of Finance website and official social media pages.
The Government notes positively the IMF’s favourable assessment of Grenada’s economic and fiscal health, with the IMF expressing confidence in the near to medium-term growth outlook for the Grenadian economy, supported by robust activity in construction, and limited exposure to global trade uncertainties.
The IMF’s Debt Sustainability Analysis confirms that Grenada’s public debt remains sustainable. The DSA further confirms that Grenada’s debt distress rating, in existence since 2015, reflects outstanding external arrears to Trinidad and Tobago and Algeria. The Government continues to make good faith efforts to regularise these arrears and improve Grenada’s credit rating.
The Government of Grenada reaffirms its commitment to the Fiscal Resilience Framework, including achieving the 60% debt-to-GDP target by 2035, while advancing priority investments, including Project Polaris, its flagship health sector initiative.
The Government remains committed to sound economic management, transparency, and continued engagement with international partners, including the IMF, in support of Grenada’s sustainable and inclusive development.
Ministry of Finance
