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This paper discusses Grenada’s Third Review Under the Extended Credit Facility (ECF), Request for Modification of Performance Criteria (PCs), and Financing Assurances Review. Overall program implementation remains strong. All quantitative PCs for the third review were met. All structural benchmarks for the third review were implemented. The authorities advanced reforms to ensure the transparent and sustainable management of the Citizenship-By-Investment revenues, strengthen the fiscal policy framework, and improve public finance management. The IMF staff supports the completion of the third review under the ECF-arrangement, the modification of quantitative PCs, and completion of the financing assurances review.

Grenada --- Grenada, West Indies --- Granada --- Concepción --- State of Grenada --- Isle of Spice --- West Indies (Federation) --- Windward Islands (Jurisdiction) --- Economic conditions. --- Exports and Imports --- Financial Risk Management --- Investments: Bonds --- Macroeconomics --- Public Finance --- Debt --- Debt Management --- Sovereign Debt --- Fiscal Policy --- International Lending and Debt Problems --- General Financial Markets: General (includes Measurement and Data) --- Institutions and the Macroeconomy --- Public finance & taxation --- International economics --- Finance --- Investment & securities --- Public debt --- Arrears --- Debt restructuring --- Fiscal policy --- Fiscal stance --- External debt --- Asset and liability management --- Debts, External --- Debts, Public --- Bonds