Grenada Gets IFAD Aid

The International Fund for Agricultural Development is lending Grenada $3 million to support a project aimed at alleviating poverty in the Caribbean country.

The $7.5 million project seeks to create jobs, improve market access and support rural microenterprise projects in 50 communities across Grenada.

The Caribbean Development Bank is contributing $2.3 million, while the Grenada government is providing another $2.2 million to the project, which will be implemented by Grenada’s finance ministry.

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About the author

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    Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.