Source document

Grenada: 2025 Article IV Consultation - Press Release and Staff Report (IMF Country Report No. 26/9)

International Monetary Fund · IMF · Jan 2026 · Grenada

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CompleteReviewed 8 Oct 2026

Reviewed. Everything in it that belongs in the tables has been taken.

What the document holds

IMF Country Report No. 26/9 (January 2026): 2025 Article IV consultation for Grenada, 93 pages. Programme content: Table 1 (and identical press-release table and Table 2) memo lines CBI inflows and government CBI revenue, percent of GDP, 2020-2030; Table 3a (EC$m) and Table 3b (percent of GDP) lines 'Citizenship by Investment Program' (2023-2030; '…' before 2023), 'Bondholder CBI-related payments' and memo 'Government CBI revenue', 2020-2030; contingency fund (10% of NTF receipts) at $61.1m in October 2025 (already recorded) and 1.6% of GDP at end-September 2025 (added); CBI agent-commission adjustment of -4.5% of GDP to the 2024 current account (added); text: CBI inflows normalised after the 2022-24 surge and late-2024 backlog clearance, the regional regulator ECCIRA (event exists), MoA reforms list (common pricing, screening, regulator, interviews, audits, retrieving revoked passports, rejecting Russian and Belarusian applications; events exist), bondholder payments tied to the previous year's CBI revenue, CBI revenue to stabilise 'at just over 3 percent of GDP' (covered by the table projections). All table lines are now recorded for every year. Not recorded because not CBI-only: capital account inflows of 18% of GDP in 2024 'largely due to direct CBI investment', government deposits, current account revisions. Charts ('Grenada: CBI Developments', PDF p. 11) have no printed values.

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About the document

What it covers Tables 1, 3a, 3b: CBI inflows and Government CBI revenue 2020-2030; ECCIRA; contingency fund balance Oct 2025; revisions to BoP for CBI agent commissions.

Notes Revises Government CBI revenue for 2020-2022 upward relative to CR 25/39 memo line (e.g. 2020: 3.6% vs 0.6% of GDP). Page numbers are PDF pages.

Source id grd-imf-art4-2025 · accessed 28 Sep 2026