Pursuant to Section 14 (3) (b) of the Fiscal Responsibility Act (No. 29 of 2015) and Section 12 (3) (b) of the Fiscal Resilience Act (No. 11 of 2023), the Fiscal Resilience Oversight Committee (FROC), submitted, on 28th March 2024, its 2023 Annual Report to the Clerk of Parliament for onward transmission to the Honourable […]
The conduct of fiscal policy, as outlined in the national budget, is guided by the Fiscal Responsibility Act No. 29 of 2015 and its subsequent amendments. The purpose of the FRA is to ensure that the fiscal and financial affairs of the Government are conducted in a transparent manner; there is full and timely disclosure, […]
By: Laurel Bain, Chairwoman of the Fiscal Responsibility Oversight Committee The Fiscal Responsibility Act (FRA) of 2015 and its amendments set out rules and targets to guide the conduct of fiscal policy in Grenada. The FRA together with the Public Finance Management Act (2015) and the Debt Management Act (2015) are intended to ensure fiscal […]
