In its Memorandum of Economic and Financial Policies annexed to the Letter of Intent of June 12th, 2014 through which Grenada entered into an agreement with the IMF, Grenada committed “to liberalize certain sectors to boost private sector participation and expand capacity.” Among those sectors identified for liberalization were the nutmeg and cocoa sectors: – “the Government will support the liberalization of the nutmeg and cocoa sectors, so as to encourage increased efficiency, and boost farmers’ incomes. This was categorized as a measure intended to “boost growth and social protection”