Second Programmatic Resilience Building Development Policy Credit

closed

Closed

The development objective of the Second Programmatic Resilience Building Development Policy Credit and Loan (DPC and DPL) Project for Grenada is to support Grenada in implementing a program of policy and institutional reforms to: (i) create conditions for private investment in a sustainable manner; (ii) support improved public resource management; and (iii) enhance resilience against natural disasters and key elements of resilience in the banking sector. The government’s program focuses on establishing the institutional framework and policy conditions necessary for sustained economic growth, as well as restoring fiscal sustainability, building resilience against natural disasters, and advancing the social development agenda. This DPC and DPL series supports the government’s long-term efforts to address systemic vulnerabilities by targeting structural reforms in the areas of private sector development and fiscal management. The series complements concurrent operations by the international monetary fund (IMF) and Caribbean Development Bank (CDB). The IMF program, anchored by a 36-month IMF extended credit facility (ECF), focuses on improving medium-term growth prospects, restoring fiscal sustainability and strengthening the financial sector.

FY17 - Financial Sector,FY17 - Industry, Trade and Services,FY17 - Public Administration,FY17 - Social Protection

World Bank Group

Project

Power Generation (CCGT), Raw Materials, Government, Commercial