IMF Mulls Doubling Loan to Grenada

The International Monetary Fund is looking at doubling its loan to Grenada following reductions in the nation's debt and expenditure,

reported. IMF official Katherine Patillo said she will recommend scaling up the loan to Grenada to USD25 million, twice as much as the originally planned USD12 million.

About the author

  • 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.