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Grenada 2008 Budget Presentation
Grenada 2008 Budget Presentation
(Government of Grenada)
Mr. Speaker, the “new economy” of Grenada experienced real growth at an average of almost 4.0 % in the three (3) years following on the ravages of hurricanes Ivan and Emily. For this year alone, the economy grew at an acceptable rate of 3.1%--slightly below the OECS average of 3.5%. The outlook for 2008 is for projected real growth of 4.3%.