AGP Executive Report
Last update: 2 hours agoGrowth Outlook: The IMF projects Grenada’s economy will grow 3.9% in 2026, among the strongest forecasts for Caribbean tourism-dependent economies. Regional growth remains resilient, but high debt and rising food and energy costs leave limited room for policy support. Connectivity Investment: The U.S. announced a $340.3 million package for Caribbean and Central American connectivity, health and security; Grenada is among 15 participating countries, and $175.8 million is earmarked for submarine cables. Water Security: Caribbean ministers adopted the Grand Anse Declaration at a conference in Grenada, pledging coordinated action on water infrastructure, wastewater management and climate resilience. Investment Climate: Grenada ranked third in the 2026 CBI Index, with 72 points, behind St. Kitts and Nevis and Dominica. Trade and Energy: CARICOM teams are assessing regional supply of cement, paints, glass bottles and bitumen to guide future tariffs. Separately, a World Bank-funded project seeks consultants to update Grenada’s electricity regulations and support renewable energy investment. Household Costs: Grenada’s final two VAT-free days are set for October 30 and 31, as the government continues cost-of-living relief.
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