Government to continue functioning outside of FRA Escape Clause until 2027 25 June 2025 To allow Grenada to recover to where we were prior to Hurricane Beryl, the Escape Clause of the Fiscal Resilience ...
Anticipated fallout after Hurricane Beryl which triggered Escape Clause did not materialise 5 May 2025 Projected deterioration in the fiscal balances did not materialise, attributable mainly to higher receipts from the IMA and proceeds from ...
Millions of dollars required to repair or replace damaged infrastructure 19 November 2024 Prime Minister Dickon Mitchell said that millions will be required to repair and or replace public infrastructure damaged or demolished ...
Government revenue for July 2024 surpassed by EC$38 million 21 October 2024 According to the July 2024 fiscal report published on the Finance Ministry website, Current Revenue for July 2024 was $141.5 ...
Finance Minister signs order triggering FRA suspension clause 10 September 2024 The Fiscal Resilience (Suspension of the Public Debt Target and Primary Balance Rule) Order signed by Finance Minister Dennis Cornwall ...
PM Mitchell: Rules and targets of Fiscal Responsibility must resume 4 October 2022 The 2023 Estimates of Revenue and Expenditure will be prepared to conform with Fiscal Responsibility Act rules and targets
FROC wants to see repeal and replacement of FRA 18 August 2021 The current members of the Fiscal Responsibility Oversight Committee want the government to take the necessary legal steps to have ...
Two protective measures in Fiscal Responsibility Act activated to legally finance 2021 Budget 2 December 2020 Government will be invoking Section 10 otherwise called the Escape Clause, and Section 8(3)(f) of the Fiscal Responsibility Act.