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Add comment on:IMF and Grenada Negotiate Debt Restructuring
During the annual International Monetary Fund meetings, the IMF is meeting with the government of Grenada on a debt restructuring plan. Grenada has a public debt-to-GDP of nearly 110 percent. The island nation’s economic growth over the past few years has remained stagnant due to the effects of the global economic slowdown and recovery from hurricanes.
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