AGP Executive Report
Last update: 9 hours agoElection Economy: The NNP launched its “Better Grenada” campaign, pledging to cut corporate tax from 28% to 25% and expand bus services. The tax cut is a campaign promise, with the party arguing it would help businesses grow and create jobs. Growth Outlook: Grenada is forecast to grow 3.9% in 2026, the strongest among Caribbean economies the IMF classifies as tourism-dependent. The Fund warns across the region that high debt and limited policy room remain concerns. Business and Trade: Grenada’s weights-and-measures system has moved from rust-prone mechanical scales to modern standards, supporting fair trade and consumer trust. VAT-free shopping days are set for October 30 and 31. Water Security: Caribbean ministers adopted the Grand Anse Water Declaration in Grenada, promising action on water security, wastewater and climate resilience—issues central to households, farming and business. Investment: Belizean tech company NeoPeople is expanding into Grenada through a Grenada Ports Authority project.
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