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OECD (Organisation for Economic Co-operation and's Caribbean Rim, Antigua and Barbuda, Grenada and St. Lucia: PDF

By OECD (Organisation for Economic Co-operation and Development)

ISBN-10: 9264025960

ISBN-13: 9789264025967

ISBN-10: 9264025979

ISBN-13: 9789264025974

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Extra resources for Caribbean Rim, Antigua and Barbuda, Grenada and St. Lucia: OECD Investment Policy Reviews

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5 per cent is projected for 2006. Beyond 2006-2007 growth of 4 per cent would need to be sustained through growth enhancing reforms. This positive growth projection reflect continued activity in the construction sector, preparations for the hosting of World Cup Cricket in 2007, and a revitalisation of the tourism and agriculture sectors. To ease the work ahead, Government has streamlined procurement work by establishing the Agency for Reconstruction and Development (ARD) to coordinate the reconstruction efforts of ministries and agencies, external organisations and non-governmental organisations.

In a statement to the United Nations on 2 November 2004, the Hon. Elvin Nimrod, Minister of Foreign Affairs and International Trade, declared that Ivan had halted, but not stopped Grenada. Sustained efforts to rebuild Grenada in the aftermath of Hurricanes Ivan and Emily offer numerous opportunities for investing in the country. Various sectors are of particular interest: ● Tourism is the main source of foreign-exchange earnings in Grenada. The industry was hit hard by Ivan, after growing in recent years.

10. Hurricanes Gustav in 1990, Luis in 1995, Georges in 1998, Jose and Lenny in 1999. 11. For more information, see IMF 2004, “Antigua and Barbuda: Report on Observance of Standards and Codes – Basel Core Principles for Effective Banking SupervisionOffshore Banking”, November. 0. 12. IMF Country Report No. pdf. 13. Arrears on debt repayment stood at USD 366 million at the end of the Bird administration. 50 OECD INVESTMENT POLICY REVIEWS – ISBN 92-64-02596-0 – © OECD 2006 I. ANTIGUA AND BARBUDA 14.

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Caribbean Rim, Antigua and Barbuda, Grenada and St. Lucia: OECD Investment Policy Reviews by OECD (Organisation for Economic Co-operation and Development)

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