02072cas a2200289 a 4500 AALejournalIMF022690 230101c9999 xx r poo 0 0eng d 20.00 USD 9798400209857 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Western Hemisphere Dept. Grenada : 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Grenada. Washington, D.C. : International Monetary Fund, 2022. 1 online resource (91 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Grenada's economy was hit hard by the pandemic, with a decline in real output of 14 percent in 2020 from both a collapse of tourism-related activities and the suspension of in-person classes at Saint George's University (SGU). Growth in 2021 is estimated to have partly recovered to 5.6 percent, driven by construction and agriculture. The authoritiesa' policy response helped mitigate the pandemic's impact through containment measures, increased health and social spending, and an expanded public investment program (including to build resilience to natural disasters). Central government debt rose to 70 percent of GDP in 2021 (from 59 percent in 2019) and the external position has worsened. The financial sector has so far weathered the crisis well. Mode of access: Internet International Agreements and Observance imf International Organizations imf Monetary Policy imf Grenada imf IMF Staff Country Reports; Country Report ; No. 2022/134 Full text available on IMF https://elibrary.imf.org/openurl?genre=journal&issn=1934-7685&volume=2022&issue=134 IMF e-Library