Tag: pay

Government and Social Partners Strengthen Commitment To Expedite Grenada’s Economic Revival

On Friday, 26 April 2013, the Government of Grenada, led by Prime Minister and Minister for Finance, Dr. the Rt. Hon. Keith Mitchell, held its second monthly meeting with the social partners. Joining the meeting for the first time were representatives the Grenada Conference of Churches who were invited to be a part of the partnership, going forward. Discussions at the meeting included: The 2013 Budget ... read more

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

Government unable to pay creditors

A payment is due by March 15th but the Keith Mitchell administration which won general elections on February 19th announced on Friday that it is unable to pay and instead will be meeting with creditors to restructure it public debts including bonds which are due in 2025. read more
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