BUDGET ALERT

Budget Alert is a series of Articles on economic and fiscal issues in Grenada, emanating from the national budgets. It is a reliable and credible source of information on the economic issues arising from Grenada's national budgets.

In Grenada, and in the other countries of the Eastern Caribbean Currency Union (ECCU), fiscal policy is the main instrument for managing the economy. Fiscal policy is generally pursued through the implementation of the annual national budget.

The overall objective of fiscal policy is to improve the economic status and social wellbeing of the population.

In 2025, macro economic indicators featured prominently in Budget Alert. The concept of Gross Domestic Product (GDP), which is the foundation for assessing the performance of the economy, was examined. Budget Alert also focused on the financial position of the Central Government and the impact on other economic indicators. As such, developments related to savings and investment were highlighted through the analysis of the deficit position of the Central Government, the high liquidity in the banking system and the investment in external assets by financial institutions.

Budget Alert Volume 5 concludes that sound fiscal management, effective investment of national savings, appropriate measures of economic performance, and strong constitutional governance are essential for promoting sustainable economic growth and long-term national development in Grenada.