AGP Executive Report
Last update: 32 minutes agoEconomic Outlook: The World Bank forecasts Grenada’s economy will grow 3.3% in 2026, but warns tourism-dependent islands face a slower recovery than oil producers, with high energy and transport costs weighing on growth. Regional Trade: CARICOM teams will assess supply and demand for paints, cement, glass bottles and bitumen from October 12–27. Their findings will help shape future tariff decisions and examine regional producers’ competitiveness. Tourism Business: Grenada’s Pure Experiences initiative will promote locally run tours and activities across the islands, giving operators a distinct marketing platform. The Tourism Authority is also courting UK travel partners through a November marketplace and agent familiarisation offer. Election Economy: Cost-of-living measures are emerging as a campaign issue ahead of the November 5 vote. The opposition has pledged to remove VAT from sugar and electricity and reverse a new water levy. Business Support: Blue Economy businesses in fisheries, marine tourism and waste management can apply for a final round of OECS matching grants, launching October 30. Agriculture: Grenada’s Pesticide Control Board has begun a national audit of the pesticide supply chain, targeting compliance with food, health and environmental standards.
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