AGP Executive Report
Last update: 11 hours agoCost of Living Relief: Grenada rolled out an EC$18 million Cost of Living Assistance Programme to tackle imported inflation from higher fuel tariffs, shipping costs and supply disruptions, targeting 38,000+ households while keeping fuel price caps through Dec 2026 and maintaining gasoline/diesel/kerosene/LPG ceilings. VAT & Electricity Support: The package includes 100% VAT removal on electricity bills from Aug–Dec 2026 plus expanded electricity subsidy measures and VAT-free shopping days under the relief effort. EU Citizenship Pressure: A fresh EU push threatens Schengen visa-free access unless Eastern Caribbean Citizenship by Investment programmes are phased out by June 1, 2028, with Grenada named among the affected states. Regional Skills & Digital TVET: CARICOM’s Digitalisation of TVET Delivery Project says it strengthened digital training capacity across member states, including Grenada, through regionally owned online learning units. Energy Planning Tool: IRENA’s SolarCity Simulator was extended to three areas in Grenada, offering households, businesses and investors a way to model rooftop solar options and financial returns. Governance & Currency Updates: ECCB unveiled redesigned Eastern Caribbean banknotes featuring national heroes and regional icons, removing Queen Elizabeth II’s image.
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