GD TAC

closed

The Grenada Technical Assistance Project development objectives are to: (i) improve the efficiency and effectiveness of Customs, (ii) improve the efficiency of tax administration and decrease transaction costs of paying taxes and consequently increase tax compliance, (iii) modernize investment promotion, and, (iv) enhance the Government's support to the export sector through improve access to trade information and the strengthening the capacity of the Bureau of standards to provide conformity assessment and quality assurance. The project components are to improve the efficiency and effectiveness of customs through modernizing the administration. To achieve the overall objective, the technical assistance will focus on: (a) improve customs systems and procedures; (b) upgrade information technology; and (c) capacity building of management and staff in customs through technical and customer service training. The project of will have nominal direct impact in that it; improve the delivery of services in key areas of the public sectors and support activities to implement the Government's export strategy and generally improve the investment climate in Grenada. The medium-to-long-term direct impact of the project is likely to be substantial, including: better quality service and reduced clearance time at customs; reduced time and lower transaction cost for paying taxes and hence improved compliance; greater access to trade data and quality assurance support for exporters; and increased investments as a result of a more streamlined and faster system for investment approval in Grenada.