Grenada’s new Minister for Finance, Hon. Gregory Bowen, has expressed confidence in the ability of the ministry’s staff to execute the Government’s mandate to rebuild the economy in this COVID-19 impacted environment. Minister Bowen was speaking during his first meeting with the staff of his new ministry. During the virtual meeting, Minister Bowen told the […]
October 6, 2020 – Prime Minister, Dr. the Right Honourable Keith Mitchell, is urging the new Minister and staff of the Ministry of Finance not to drop their guard as the country continues to deal with the widespread impact of the COVID-19 pandemic. As he continued his round of meetings with ministers and the senior […]
St. George’s: June 24, 2020: The Government of Grenada is finalizing the loan agreement with the Grenada Co-operative Nutmeg Association, before disbursing the financial package approved by Cabinet. During a meeting in May, Cabinet approved a grant of one million EC dollars to the GCNA, recognizing that sale of the produce was interrupted by the […]
April 14, 2020 – The Finance Committee of the House of Representatives met Tuesday to discuss the economic stimulus package announced by the Government in response to the impact of COVID-19. Prime Minister and Minister of Finance, Dr. the Right Honourable Keith Mitchell, presented the package to the committee which comprises all members of the […]
The small states of the Commonwealth could be losing out on $4.5 billion of overseas development assistance, a preliminary Commonwealth Secretariat study has shown. In response, Commonwealth Secretary-General Patricia Scotland will call for strategies to help small and vulnerable states improve their ability to effectively access and use development assistance. The Secretary-General is due to speak in […]
Bridgetown, Barbados, August 17, 2018. In the Caribbean, there are plenty of reasons to invest in our own back yards. Some investors are drawn to the idea of supporting local business people and economic development. At times they can be handsomely rewarded, and at others not so much. The Jamaican stock market, for example, has shown great returns in recent times after struggling for many years.
The Ministry of Finance and Energy wishes to advise the general public that Section 56(1) of the Public Finance Management Act authorizes, by resolution of the House of Representatives, the Minister of Finance to borrow on behalf of the Government of Grenada in any form and from any legitimate source, whether domestic or external and […]
It has come to the attention of the Ministry of Finance, Government of Grenada, that Grenada has been one of 17 countries to be blacklisted by the EU Code of Conduct Group (Business Taxation). On 5th December 2017, the Council approved and published conclusions containing an EU list of non-cooperative jurisdictions in taxation matters. The reason […]
ST. GEORGE GRENADA, THURSDAY 30TH NOVEMBER, 2017, GIS: Public servants in Grenada could take home a bigger pay package than normal for Christmas, if the nation’s trade unions would allow it, Prime Minister Dr. Keith Mitchell has suggested. If the unions, Public Workers Union and the Technical and Allied Workers Union, agree to Government offer for the […]
