We the People - Grenada

Keeping an eye on the people's business

“Democracy is not a spectator sport.”
Lotte Scharfman
“The most important political office is that of the private citizen.”
Louis Brandeis
“I wish I could shut up. But I can’t and I won’t.”
Archbishop Desmond Tutu
“It is the first responsibility of every citizen to question authority.”
Benjamin Franklyn
“A nation of sheep will beget a government of wolves.”
Edward Murrow
“The most common way people give up their power is by thinking they don’t have any.”
Alice Walker
“When a government loses integrity, times are dangerous. When the populace accepts the loss, times are desperate.”
Pam Brown
“Every country gets the government it deserves.”
Joseph de Maistr
“Free and fair elections can give us a government of the people; but only an active, informed and vigilant citizen can give us a government by the people for the people.”
H. Kwasi Prempeh

December 28, 2017

Part 4, Spotlight on Public Debt – Debt Restructuring

Under the three-year Structural Adjustment Programme (June 2014 – June 2017), the Government of Grenada, with the support of the IMF, negotiated debt restructuring arrangements with a number of its creditors – domestic creditors, international bond holders and holders of commercial debt, Paris Club official bilateral and non-Paris Club bilateral creditors and Ex-Im Bank, Taiwan – to obtain some form of debt relief, a reduction in total debt stock and/or cash flow relief.

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