Tag: arrear

World Bank Suspends Disbursements to Grenada

The World Bank says no new loans will be issued to Grenada unless the country makes good on seven overdue payments amounting to about three quarters of a million US dollars (approximately EC$2,000,000). The payments, ranging from over US$5,000 to more than US$317,000, were due on the 15 February, four days before the last General Elections. The World Bank has written to re-elected Prime Minister Dr. ... read more
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