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.
