Report No. 1994-GRD Economic Memorandum on Grena adocuments.worldbank.org/curated/pt/295441468030345431/pdf/multi0page.pdf · Report No. 1994-GRD F Economic Memorandum on Grena a

Report No. 1994-GRD FEconomic Memorandum on Grena a(with Government's 1978/80 Project List)

May 1, 1978

Latin American and the Caribbean Regional Office

FOR OFFICIAL USE ONLY

Document of the World Bank

This document has a restricted distribution and may be used by recipientsonly in the performance of their official duties. Its contents may nototherwise be disclosed without World Bank authorization.

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CURRENCY EQUIVALENTS

Currency Unit: East Caribbean Dollar

Since its creation in 1965, the East Caribbean dollar was tied tosterling at the rate L 1.00 = EC$4.8. In July 1976 the link withsterling was broken and the East Caribbean dollar was aligned withthe US dollar at the rate US$1.00 = EC$2.70.

Since July 1976:

EC$1.00 = US$0.370 orUS$1.00 - US$2.700

FOR OFFICIAL USE ONLY

This report is based on the findings of an economicmission to Grenada in January 1978 consisting ofGeorge Papadopoulos (Investment Program Adviser),Jose Sokol (Economist), Constance Bernard (ResearchAssistant), and Eric Armstrong (Economist, CDB).The mission was under the direction ofMr. Murray Ross.

This document has a restricted distribution and may be used by recipients only in the performanceof their official duties. Its contents may not otherwise be disclosed without World Bank authorization.

TABLE OF CONTENTS

Page No.

MAP

COUNTRY DATA

SUMMARY AND CONCLUSIONS . ...... .................... .... -ii

Economic Background ............................. 1

Economic Developments in 1977 .................... 2

Development Issues and Sources of Growth .................. 3

Output and Investment .................................... 4

Public Sector Investment Program .......................... 4

Financing the Investment Program ............. 5

GOVERNMENT'S. PROJECT LIST ............................... 10

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Page 1- of 2 pages

COUNTRY DATA - GJ2E?SA

AREA POPULATION DENSITY344 km 109,700 (mid-1976) 312 per km,

Rate of Growth: 3.2 (from 1971 to 1976) 448 per km of arable land

POPULATION CHARACTERISTICS 1975. HULTU 1975Crude Birth Rate (per 1,000) 26.8 Population per physician (75) 4686Crude Death Rate (per 1,000) 5.7 Population per hospital bed (73) 318Infant Mortality (per 1,000 live births) 23.5

DISTRIBUTION OF LAND OWNERSHIP 1971Z owned by top 10% of owners 46.4% owned by smallest 10% of owners 1.0

ACCESS TO PIPED WATER 1967% of population - 34

EDUCATION 1968Adult literacy rate 85%Primary school enrollment 89%

GNP PER CAPITA in 1976 US $ 370

GROSS NATIONAL PRODUCT IN 1976 ANNUAL RATE OF GROWTH Ct. constant prices)

US $ ban. Z 1973-75 1976

GNP at Market Pr4 .es 43.7 100.0 -5.8 13%Gross Domestic InvestmentGroffs National SavingCurrent Account Balance -0.7Exports of Goods, NFS 24.6 56.3Imports of Goods, NFS 25.2 57.7

OUTPUIT, LABOR FORCE ANDPRODUCTIVITY IN 1976

Value Added Labor Force (estimated) V. A. Per WorkerUWS Mn. % Mln. % US $ %

Agriculture 9.0 21.7 10.4 33.1 865 65.6Industry and Construction 5.7 13.8 7.6 24.2 750 56.9Services 26.7 64.5 13.4 42.7 1993 151.2

Total/Average 4- 100.0 31.4 100.0 1318 100.0

GOVERNMENT FINANCECentral Government

(EC$ Mii.) % of GDP1976 1976

Current Receipts 29.4 25.3Current Expenditure 33.7 29.0Current Surplus/Deficit -4.3 -3.7Capital Expenditures 6.0 5.2External Assistance (net) 8.7 7.5

..,not available. not applicable

Page 2 of 2 pages

COUNTRY DATA - GRENADA

MONEY & CREDIT 1972 1973 1974 1975 1976(Million EC$ outstanding end period)

57.0 60.1 60.4 77.9 76.9Money and Quasi Money 12.3 10°7 13°4 19.8 2067Bank Credit to Public Sector 44.7 41.7 43.4 42.7 40.4Bank Credit to Private Sector

(Percentageu or Index Numbers)

Money and Quasi Money as % of GDP 93.3 92.9 83.9 89.3 70.6

Bank credit to Public Sector (Annual % Change) 57.7 -13.0 25.2 47.7 4.5

Bank credit to Private Sector " " 16.1 5.3 -7.1 -3.4 -5.4

BALANCE OF PAYMENTS WCHAtDISE 8XPORTS (AVERAG8 1973-76)

1974 1975 1976 US $ Mln %mIillions US $)

Bananas 2.1 19.3

Exports of Goods, NF8 16.0 22.3 24.6 Cocoa 3.0 27.5Imports of Goods, NFS 18.6 24.4 25.2 Mace 0.9 8.2

Resource Gap (deficit - -) -6 -1 -0.6 Nutmeg 3.8 34.9

Interest Payments (net) -0.5 -0.5 -0.2 All other coiodities ..1.L .1 2Total 10.9 100.0

Net Transfers 1.8 1.3 1.0 mTRIML DEBT. DZCEM8ER 31. 1976

Balance on Current Account -1.3 -1.3 0.2US $ Mln

Direct Foreign InvestmentNet MLT Borrowing 2.7 Public Debt, incl. guaranteed

Disbursement .. Non-Guaranteed Private Debt 7.1

Amortization Total outstanding & DisbursedSubtotal -

Capital Grants .. .. -3.4 DEBT SERVICE RATIO for 1976

Other Capital (net) 32Other items n.e.i -

Increase in Reserves (+) -0.4 Public Debt, incl. guaranteedNon-Guaranteed Private Debt

Gross Reserves (end year) Total outstanding & DisbursedNet Reserves (end year)

AVERAGERATE OF EXCHANGE (1976)

US $ 1.00 - EC S2.63EC $ 1.00 = US $0.38

d/ Ratio of Debt Service to Exports of Goods and Non-Factor Services.

not available

not applicable

SUMMARY AND CONCLUSIONS

i. Grenada, one of the less developed countries (LDCs) of theCommonwealth Caribbean, gained independence in 1974. It thus became thesmallest sovereign nation in the Western Hemisphere having a total land massof 133 square miles and a 1976 population of about 110,000.

ii. In accordance with its natural resource endowment, Grenada's devel-opment has been based, and will continue to depend, upon export agricultureand tourism.

iii. After a decade of steady growth during the 1960's, the Grenadianeconomy showed signs of underlying structural weakness throughout the 1970'sas agricultural productivity declined, tourist arrivals slackened then plummet-ted (with the political and civil unrest that occurred in 1974), and thepublic finances, no longer bolstered by British subventions on current account,ran continual deficits. The disruption of international trade for a three-month period during 1974 when the civil disorder led to the closure of theport had especially harsh impact on the economy.

iv. Since 1974, the Grenadian economy has been recovering steadily asthe excess capacity (particularly in tourism) has been taken up and worldprices for nutmeg, mace, bananas, and cocoa have become buoyant. Estimatesindicate that substantial progress in real GDP growth occurred in 1975 and1976.

v. In 1977 increases in tourist arrivals and the distributive tradeswere the main contributors to real GDP growth of almost 6%. Unemploymentremained serious, however, as total investment declined--the result of a hesi-tant private sector and cutbacks in public investment. Furthermore, risingcost of living continued to erode purchasing power although excess liquidityin the banking system was able to finance imports through credit expansion.

vi. For the first time in a decade, the public finances registered acurrent account surplus in 1977--albeit a small one. Offsetting this, however,was the deterioration in accumulated payment arrears of the Central Government.

vii. The key development issues facing the Government are: (1) to gener-ate additional employment opportunities, (2) to increase the public sector'scapability in undertaking investment and providing basic needs, (3) to createa good investment climate, (4) to focus its efforts on those activities inwhich Grenada enjoys a comparative advantage. The greatest poteatial both foreconomic growth and employment creation continues to remain in agriculture andtourism. Grenada would therefore need to set a real growth target of 5% perannum; upgrade the public sector's capability to undertake a larger investmentprogram, and improve management of the public finances--all of which areregarded as essential to the country's further development.

viii. Total investment of about EC$68 million (1977 prices) or EC$80million in current prices is considered necessary to achieve the target ofreal economic growth of 5% per annum between 1978 and 1980. This level implies

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annual average gross domestic investment of 17% of GDP. Total public sectorinvestment over the next three years (1978-80) is estimated to be EC$32.1million resulting in public sector investment doubling to 6-7% of GDP fromthe 3% attained in 1977.

ix. The investment program, of which 78% is allocated to productivesectors and related infrastructure, is aimed at employment generation, exportpromotion and increased production through its emphasis on projects in agri-culture, tourism, and transportation.

x. Financing of the public investment program will constitute a diffi-cult task since the public finances during 1978-80 are likely to be very tight.Substantial improvement in the fiscal situation could be achieved with timelyenactment of the following recommended measures: (i) revalue all Land andfixed property and adjust the land and property tax rates; (ii) eliminate thesubsidy to the water commission and increase water rates; and (iii) introducea clear-cut distinction between public administrative personnel and thoseemployed on the public investment program and transfer the cost of the latter'sservices wherever appropriate to the public investment program. Assuming thetimely adoption of these measures, the public sector should be able to registercurrent account surpluses in each of the next three years. Thus budgetarysurpluses 1/ of EC$0.2 million in 1978, EC$1.6 million in 1979, and EC$4.1million in 1980 should provide overall public sector savings of EC$5.9 millionover the three years.

xi. Assuming that the public finances evolve as indicated above, substan-tial resources will have to be found to take care of debt amortization andinvestment requirements. The financing requirements for the three-yearperiod, 1978-80, are estimated at approximately-EC$41.7 million of whichEC$9.6 million is for debt amortization and EC$32.1 million for capital expen-ditures (see Table 2). Public sector savings are expected to provide no morethan EC$5.9 million which will not fully cover amortization payments. Thuscapital receipts of EC$0.4 million and gross domestic borrowing of EC$3.3million are projected to cover this shortfall. The balance of EC$32.1 million(approximately US$34 per capita annually) represents gross external capitalrequirements over the three years of which EC$17.0 million (about US$18 percapita annually) is already committed in the form of official gross externaldisbursements. This leaves an unfinanced gap of EC$15.1 million (about US$16per capita annually) for the three-year period 1978-80., It should be notedthat the external capital requirements include some US$386,000 for recurrentcosts of financially non-viable projects in the investment program. Moreover,the unfinanced external gap would have to be covered on appropriately conces-sionary terms if Grenada is to achieve financial and economic improvement.

1/ Since Grenada has no Provident Fund, and, since it is assumed that theprincipal statutory body, the water commisston, will eliminate itsoperating deficit, overall public sector surpluses are assumed to equalbudgetary surpluses.

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xii. The analysis of the country's needs and prospects over the near-to-medium term do not take into account specific benefits which regional coopera-tive efforts, including those directed toward broadening the small markets andbolstering absorptive capacity, could contribute to the longer-term economicdevelopment. These elements are covered in a separate report encompassing allthe ECCM members.

Economic Background

1. Grenada, one of the less developed countries (LDCs) of the Common-wealth Caribbean, gained independence in 1974. It thus became the smallestsovereign nation in the Western Hemisphere having a total land mass of 133square miles and a 1976 population of about 110,000 people.

2. In relation to its size, Grenada has a good although limited resourceendowment that is particularly favorable to export agriculture and tourism.Development of the island has accordingly been based and will continue todepend upon economic activity in these two principal sectors. With the needto maintain a highly open economy, however, economic performance has beensensitive to varying weather conditions, international prices and demand, aswell as to internal political disturbances.

3. Throughout the 1960's, Grenada's economy grew rapidly with real GDPincreasing by about 4% per annum on average. This growth reflected recoveryin agriculture in the wake of Hurricane Janet, a booming international tourismmarket, and steady expansion of the public administration. Between 1970 and1975, however, structural weaknesses in the economy were revealed by a sequenceof events that were responsible for a steady decline in real GDP. In agricul-ture, productivity deteriorated for lack of sound agronomic practices. Fur-thermore, adverse weather conditions in 1973 reduced output and export receipts.Then in 1974, a serious economic crisis developed engendered by a confluenceof events. Political unrest and civil disturbances accompanied independenceearly in the year resulting in the closing of the port and the disruption oftrade for three months. Contractions in international demand and the impactof global inflation impacted harshly on all sectors of the economy as well.Tourism, however, was the sector most seriously affected. The number oflong-stay arrivals plummetted by more than 50% of their 1973 level as a resultof the civil unrest and the impact of the energy crisis, but also because ofthe collapse of Court Line, the air carrier on which the island depended.

4. The public finances, having already begun to reveal their structuralweakness with the turn of the decade when British budgetary support was firstwithdrawn, became a serious problem in 1974. Although current expendituregrowth was curtailed, public revenues dropped precipitously with the suspen-sion of international trade and the ensuing economic contraction. Only throughemergency bilateral and multilateral financial assistance was the situationameliorated.

5. During 1975, several favorable events occurred that helped averttotal economic and fiscal collapse. First, the world price of Grenada's mainagricultural exports improved markedly. Second, tourist arrivals reboundedsharply from the exceptionally low 1974 level (although by no means regainingtheir 1973 level). And third, timely grants from donor countries contributedsignificantly to stabilizing the economy. In 1976, the economic pictureimproved further. More favorable weather conditions led to a surge in agricul-tural exports while tourism made further, although moderate, recovery. Theseevents, together with the increased public spending facilitated by substantial

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external financial assistance, had a positive mutually reinforcing impact onthe economy. The economic stimulus helped alleviate the unemployment problemthrough additional job creation.

Economic Developments in 1977

6. An expansion in tourist arrivals and the distributive trades werethe main contributors to real GDP growth of about 5.6% (improving real GDPper capita slightly). Overall gross capital formation declined as a resultof negligible private sector contributions to the investment effort and becauseof cutbacks in the public sector investment program. But the increasing util-ization of idle hotel capacity offset the reduced investment activity. Un-employment continued its upward trend, especially among the young. The costof living was exacerbated by international price inflation which led to con-sumer price increases of about 7%.

7. Export performance in 1977 improved slightly from an already goodshowing in 1976. In agriculture, a more extensive use of fertilizer andmarginal increases in cultivated area mitigated the fall in the output oftree crops caused by adverse weather conditions. Higher world prices forbananas, cocoa, mace and nutmeg offset slight decreases in export volumespermitting export receipts to exceed 1976 levels. In tourism, increasingarrivals of both long-stay and cruise ship visitors, combined with higheraverage expenditures per visitor expanded total receipts from the sector bymore than 25%. The number of long-stay visitors, however, still remainedsubstantially below the 1972 peak. Import growth continued, although at aslower pace than in 1976. The excess liquidity of the commercial bankingsystem financed credit expansion to the distributive trades and privateconsumption activities.

8. In 1977 Central Government finances registered a surplus on currentaccount for the first time in this decade. Current revenues performed betterthan expected averaging 27.3% of GDP. The government shifted its prioritiesand allocated about 50% of current expenditures to social sectors, up from37% the previous year, in response to its policy of providing basic needs tothe population. As part of this effort, the nursing school reopened, para-medical training programs were initiated, additional secondary school capacitywas added, and new teachers were appointed. Central Government subsidies tothe current operations of the water commission continued as a result of lowwater rates charged to consumers. As part of the new policy of fiscalrestraint, the authorities introduced expenditure controls in July and weresuccessful in checking expenditure growth. Nevertheless, arrears accumulatingover several years reached an all-time high of EC$10.5 million. Consequently,although the public sector was able to muster a small amount of currentaccount savings to finance its development expenditures, it was not able toimprove its standing with foreign and local creditors.

9. During 1977 the Government depended entirely on gross externalinflows and domestic borrowing to finance the public sector investment program.Although gross external inflows declined, they were able to finance about 80%of the investment program. The rest of the financing came from domesticsources. The authorities attached high priority to ongoing projects and post-poned new ones. Unfortunately, the investment cutbacks with respect to the

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1977 budget were the result of implementation problems and insufficient tech-nical and supervisory capacity in project execution. As a consequence, theemployment impact of capital projects was dampened and the country's abilityto use external financial assistance limited. These problems will most likelycontinue unless the authorities undertake major efforts to solve them.

Development Issues and Sources of Growth

10. Grenada faces the following key development issues: (i) to generateadditional economic activity which can provide jobs for the unemployed andnew entrants to the labor force; (ii) to upgrade the public sector's capabilityto execute an enlarged investment program and supply the basic needs of itspopulation; (fii) to create an adequate investment climate which will encourageincreasing private sector participation in the economy; (iv) to develop thoseeconomic activities best suited to its natural endowment and geographic posi-tion in which Grenada has a comparative advantage; and (v) to improve themanagement of the public finances.

11. Unemployment will increasingly become the most critical problemfacing the country in the future. For Grenada to tackle this challengesuccessfully, its economy will have to develop along a growth path in whichboth exports of goods and services and active private sector participationfigure prominently in its development strategy. Greater private sector invest-ment will be crucial to produce the additional revenues needed to generatepublic savings. Therefore, the development strategy should stress publicsector infrastructure investments and improvements in essential services tocreate adequate conditions for increased private sector investment. Majorproposed efforts in tourism, agriculture and construction are oriented in thisdirection and should contribute significantly to employment creation and toan improvement in Grenada's fiscal and foreign payments position.

12. The binding constraint on the rate at which Grenada can develop inthe future is the country's dearth of managerial and technical manpower. Thusmuch technical assistance will be required to assist the authorities in theirdevelopment effort, especially in the execution of the investment program.To the extent, however, that Grenada could tap the potential of its qualifiedexpatriates living abroad, this could alleviate somewhat the need for foreigntechnical assistance. A system of adequate incentives to this end might beworth considering.

13. In agriculture, realization of the export and employment potentiallies in increasing output and reducing export losses arising from inadequatehandling. This could be achieved through: (i) maintaining and improving theexisting infrastructure, (ii) introducing improved inputs, and (iii) bringingnew lands into cultivation. The efforts to expand banana exports by reducingthe large losses arising from inadequate handling of the fruit require thecontinuation of a feeder road rehabilitation program, the purchase of addi-tional trucks to transport the product to the boxing plants, and the estab-lishment of some additional boxing facilities. Banana, nutmeg, mace and cocoayields could be raised by an increasing use of fertilizer, pesticides, fungi-cides and tree pruning where relevant, and by the construction of small waterstorage facilities for irrigation. Sugar production could expand slightly to

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meet domestic consumption requirements only, given the present level of worldprices. An increase in vegetable and fruit production for export is anotherpossibility that will depend on the marketing and shipping arrangements thatcan be made with some of the more developed countries of the region. Theseefforts will require an improvement in the operations of the marketing boardsas well as increased technical and credit assistance to farmers.

14. In tourism, the authorities should aim their efforts at recapturingthe traditional markets of North America and tapping new markets such asEurope and Venezuela to increase tourist arrivals. Faster connections toGrenada could improve the country's market penetration, but would require newairport facilities to alleviate access constraints. If the number of long-stay visitors surpasses the 1972 peak before the end of the decade, as nowseems possible, the demand for additional hotel rooms could stimulate thecreation of new construction activity.

Output and Investment

15. It is anticipated that overall growth in 1978 could reach 5%. Someof the forces which could produce this growth are present, particularly inexport agriculture and in tourism. To achieve this target, the authoritieswould have to provide the necessary incentives and an adequate investmentclimate to stimulate increased private sector participation in the investmenteffort. On the other hand, appropriate measures would have to be adopted tocorrect the current fiscal imbalance while expanding public sector investment.Given the scenario, an overall growth target of 5% per annum in 1978-80 islikely to be attainable over the next three years. This growth target, how-ever, will require an estimated total investment of about EC$68 million (in1977 prices) between 1978 and 1980, or EC$80 million in current prices. Thiswould imply annual average gross domestic investment of about 17% of GDP.This average, although modest for the growth envisaged, is higher than the12% that prevailed over the past five years. Nevertheless, it reflects thecontinuing scope for taking up the slack that still exists in the economy(particularly in tourism), and the fruition of previous investments in agri-culture.

Public Sector Investment Program

16. The public investment program for the period 1978-80 accounts for40% of the EC$80 million total investment required for the economy to achievethe growth target. The investment program envisages employment generation,export promotion and production increases through strong effort in agriculture,tourism and infrastructure. Total public sector investment for the next threeyears (1978-80) is projected to be about EC$32 million. The level of invest-ment varies between 6% and 7% of GDP annually, more than double the levelattained in 1977. Approximately 78% of total investment is allocated to theproductive sectors and related infrastructure. The projects in the investmentprogram include those under execution, those which have not started as yet butfor which external financing has already been committed (or agreed in princi-ple), and new projects of priority. Identified projects account for aboutEC$17 million of the EC$32 million total investment outlay over the threeyears. The new airport project, presently under consideration by IBRD accountsfor about 53% of new project-related investment outlay.

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17. In terms of sectoral allocations, agriculture and agriculturalinfrastructure claim about 50% of the program. Many of these projects willbegin to yield returns toward the end of the projected investment period. Nextin importance is the tourism sector which accounts for about 28% of the total.Investments in social sector projects are totally in education and health. Alist of required technical assistance is also included in the program but costshave not been identified.

18. The import component of investment projects in Grenada is estimatedto be about 56% on average. The financing plan, however, envisages 100% ofthe total projected investment to be financed from external sources. This canbe explained by the fact that more than two-thirds of the investments includedin the first two years of the program are either ongoing projects or projectswhere financing has already been committed (or agreed in principle) and mostof the local and external costs are being met by the existing donors. On theother hand, the inability of the government to raise public sector savings tofinance the investment program stems from: (i) the economic dislocationssuffered in the early 1970's and the corresponding expansionary policiesadopted which were needed to recuperate the growth momentum, (ii) the arrearsoutstanding in the amount of EC$10.5 million, and (iii) the wage increasesapproved earlier this year. If additional external project financing isdelayed (particularly for new projects scheduled to start in 1979-80) and ifimplementation problems persist, cost overruns will likely occur necessitatingeven further resources to complete the investment program.

Financing the Investment Program

19. Financing of the public investment program will constitute a diffi-cult task since the public finances during 1978-80 are likely to be very tight.Substantial improvement in the fiscal situation could be achieved with timelyenactment of the following recommended measures: (i) revalue all land andfixed property and adjust the land and property tax rates; (ii) eliminate thesubsidy to the water commission and increase water rates; and (iii) introducea clear-cut distinction between public administrative personnel and thoseemployed on the public investment program and transfer the cost of the latter'sservices wherever appropriate to the public investment program. Assuming thetimely adoption of these measures, the public sector should be able to registercurrent account surpluses in each of the next three years. Thus budgetarysurpluses 1/ of EC$0.2 million in 1978, EC$1.6 million in 1979, and EC$4.1million in 1980 should provide overall public sector savings of EC$5.9 millionover the three years.

20. Assuming that the public finances evolve as indicated above, substan-tial resources will have to be found to take care of debt amortization andinvestment requirements. The financing requirements for the three-year

1/ Since Grenada has no Provident Fund, and, since it is assumed that theprincipal statutory body, the water commission, will eliminate itsoperating deficit, overall public sector surpluses are assumed to equalbudgetary surpluses.

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period, 1978-80, are estimated at approximately EC$41.7 million of whichEC$9.6 million is for debt amortization and EC$32.1 million for capital expen-ditures. Public sector savings are expected to provide no more than EC$5.9million which will not fully cover amortization payments. Thus capitalreceipts of EC$0.4 million and gross domestic borrowing of EC$3.3 million areprojected to cover this shortfall. The balance of EC$32.1 million (approxi-mately US$34 per capita annually) represents gross external capital require-ments over the three years of which EC$17.0 million (about US$18 per capitaannually) is already committed in the form of official gross external disburse-ments. This leaves an unfinanced gap of EC$15.1 million (about US$16 percapita annually) for the three-year period 1978-80. It should be notedthat the external capital requirements include some US$386,000 for recurrentcosts of financially non-viable projects in the investment program. Moreover,the unfinanced external gap would have to be covered on appropriately conces-sionary terms if Grenada is to achieve financial and economic improvement.The financing plan for 1978-80 is presented below in tabular form:

(EC$ million)

1978 1979 1980 1978-80

USES 12.3 13.6 15.8 41.7

Amortization 2.1 4.0 3.5 9.6Public Sector Investment 10.2 9.6 12.3 32.1

SOURCES 12.3 13.6 15.8 41.7

Public Sector Savings 0.2 1.6 4.1 5.9Capital Receipts - 0.2 0.2 0.4Gross Domestic Borrowing 1.9 1.2 0.2 3.3Committed Official External 10.0 5.8 1.2 17.0External Gap 0.2 4.8 10.1 15.1

21. The analysis of the country's needs and prospects over the near-to-medium term do not take into account specific benefits which regional coopera-tive efforts, including those directed toward broadening the small markets andbolstering absorptive capacity, could contribute to the longer-term economicdevelopment. These elements are covered in a separate report encompassing allthe ECCM members.

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Table 1: GRENADA - SECTORAL ALLOCATION OF PUBLIC SECTOR INVESTMENT, 1978-80

(EC$ thousands)

Total1978 1979 1980 1978-80

Agriculture 3189 1980 1348 6517

Tourism - 1754 7235 8989

Transport 3596 3197 2707 9500

Subtotal 6785 6931 11290 25006

Education 1592 588 - 2180

Health 489 535 - 1024

Local Government 345 285 - 630

Security 438 - - 438

Other 549 1222 1047 2818

Subtotal 3413 2630 1047 7090

Total 10198 9561 12337 32096

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Table 2: GRENADA - FINANCING OF PUBLIC SECTOR INVESTMENT, 1976-80-/

(EC$ thousands)

Actual Est. Projected1976 1977 1978 1979 1980

Application of Funds 12028 5168 12302 13565 15840

Amortization Payments 834 768 2104 4004 3503Local Costs - 100 288 288 288External Costs 834 668 1816 3716 3215

Public Sector Investment 6000 4400 10198 9561 12337(Memo Item: Current

Deficit)* 5194 (-233) (-200) (-1600) (-4100)

Sources of Funds 12028 5168 12302 13565 15840

Public Sector Savings*Central Government (-5194) 233 200 1600 4100

Capital Receipts 55 100 - 200 200

Gross Domestic Borrowing 2431 1300 1900 1200 200

External Budgetary Assistance 831 - - - -

Gross Official ExternalDisbursements on Commitments 8711 3535 10014 5774 1185

Financing Gap - - 188 4791 10155

a/ The Central Government includes most of the public sector activities.

* Items in parentheses are for balancing purposes only.

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Table 3: GRENADA - CENTRAL GOVERNMENT FINANCES, 1976-80

(EC$ thousands)

Actual Est. Projected1976 1977 1978 1979 1980

Current Revenue 28549 32400 45479 44552 50441

Tax Revenue 21950 27998 36579 39393 44696Personal Income Tax a/ 4024 4056 4163 4419 5000

Company Income Tax 1053 2036 2313 2452 2778

Import Duties b/ 8141 10769 16088 17595 20158Export Duties 3873 4538 4851 4976 5595Excise Duties 138 179 1231 1246 1278Other Tax Revenue 4721 6420 7933 8705 9887

Nontax Revenue c/ 6599 4402 8900 5159 5745

Current Expenditure 33743 32167 45279 42952 46341

Personal Emoluments d/ 17696 15100 24564 21240 23603

Goods and Services 16047 17069 20715 21712 22738

Interest 1093 1572 1838 1838 1838Pensions and Gratuities 1319 1660 1693 1727 1760Grants 1797 2045 2000 2000 2000Other e/ 11838 11790 15184 16147 17140

Current Budgetary Surplus -5194 233 200 1600 4100

External Budgetary Assistance 831 - - - -

Current Surplus (incl.external assistance) -4363 233 200 1600 4100

Capital Receipts 55 100 - 200 200

Capital Expenditure 6000 4400 10198 9561 12337

Overall Surplus -10308 -4067 -9998 -7761 -8037

a/ Includes a reduction in the growth of income tax collections in 1978 because ofthe introduction of separate filing procedures of husband and wife incomes.

b/ Includes new taxes approved in 1978.c/ Includes the temporary foreign exchange tax approved for 1978 only.d/ Includes a salary increase of EC$3.5 million approved in 1978 retroactive to 1977.e/ Assumes the payment of EC$10.5 million of arrears in 1978-80.

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GRENADA PROJECT LIST

INDEX

Abbreviations used.

Introduction.

Annex A: Ongoing Projects and Sources of financing.

Annex B: Project List.

Annex C: Individual Project Descriptions 1978/80

Annex D: Individual Technical Assistance Profiles 1978/80.

ABBREVIATIONS USED

BDD - British Development Division.

CDB - Caribbean Development Bank.

CIDA, - Canadian International Development Agency.

EDF - European Development Fund.

IBRD - International Bank for Reconstruction and Development.

OAS - Organization of American States,

WINBAN - Windward Island Banana Association.

- 12 -

INTRODUCTION

1. This report contains a list of major ongoing projects (Annex A),a list of projects for which external finance will be sought during theperiod 1978/1980 (Annex B), individual project descriptions (Annex C) andindividual technical assistance profiles (Annex D). Each list (Annexes Aand B) contains the name of the project, the executing agency, the expectedlender(s), if any, the total cost, the external financing obtained or required,the counterpart contribution required, the status of readiness of the projectand the estimated recurrent costs during the 1978/80 period. The individualdescriptions contain additional information which would be of interest topotential donors or lenders.

2. Data for these project lists, which will be presented at the meetingof the CarLbbean Group for Cooperation in Economic Development scheduled forJune 19-23, 1978, were provided by the Grenada Government. The project listsfor 1978/80 reflect the developmental strategy of the Government of Grenada,as outlined in the Economic rlemorandum dated May 1, 1978.

3. For many projects a 10% financial contribution is shown as requiredto be provided by the Government with the potential donors or lenders provid-ing the remaining 90%. Although the objective of the local contributionshould be given due priority, during the 1978-80 period the likelihood ofthe availability of such contributions is extremely small in most instances.Therefore, the financing of the proposed projects would have to be coveredon appropriately concessionary terms from external sources.

4. The following tables summarize by sector and year the investmentplan for 1978/80 period, the amount of external financing which would berequired to be committed by donors or lenders to finance the projects presentedin the Project List, the counterpart disbursements required by ongoing and newprojects, and the recurrent costs that would be generated from these and theongoing projects, during the 1978/80 period.

Investment Plan and External Financing Commitments Required for the Period 1978/1980(US$ '000)

1978 1979 1980 TotalInvest- External Invest- External Invest- External Invest- External

Sector ment Financing ment Financing ment Financing ment Financing

Agriculture 964 814 1,390 1,230 - - 2,354 2,044

Road Rehab. I,778 1,670 - - 2,000 1,800 3,778 3,470Tourism/Infrastr. - - 17,000 13,500 - - 17,000 13,500

Ports/Airports 164 164 950 855 - - 1,114 1,019Other - - 110 110 - - 110 110

Total 2,906 2,648 19,450 15,695 2,000 1,800 24,356 20,143

- 13 -

Counterpart Disbursements Required(US$ '000)

Contribution RequiredSectors 1978 1979 1980 Total

Agriculture 23.0 179.0 48.0 250.0Education 36.0 - - 36.0Water Supply 128.0 - - 128.0Road Rehabilitation 50.0 58.0 100.0 208.0Ports & Airports/Tourism - 60.0 1,635.0 1,695.0Other 72.0 144.0 74.0 290.0

Total 309.0 441.0 1,857.0 2,607.0

Estimated Recurrent Costs(US$ '000)

Estimated Recurrent CostsSectors 1978 1979 1980 Total

Agriculture 20.0 66.0 67.0 153.0Education 15.0 31.0 31.0 77.0Roads/Sea Defences 35.0 35.0 38.0 108.0Health - - 38.0 38.0Other - 5.0 5.0 10.0

Total 70.0 137.0 179.0 386.0

GRENADA - MAJOR ONODING PROJECTS AND SOURCES OF FINANCING

(US$ thousands)

Ext. Amortiza-Total Financ- Interest tion Grace Counrpart Contribution Recurrent Costs

Projects Cost ing Source (.) Years Years 7Aount () 1978 1979 1980 Total

AgricultureFeeder Roads 1373 -1373 CDB/ 4 15 5 - - 20 66 67 153

(Ministry of Works) T&T Fund

EducationConstruction of Boca Secondary School 773 701 CIDA G R A N T 72 9 15 31 31 77

(Ministry of Education)

Happy Hill School 240 240 BDD - 15 10 - - - - - -

(Ministry of Education)Subtotal 1013 941 72 7 15 31 _ _ _

Water Supply hBelvidere/Mama Cannes Water System 1208 1037 CIDA/CDB (CIDA G R A N T ) 171 14 - _ _ I

(Ministry of Works) (CDB 4 15 5)

Roads/Sea DefencesSea and Land Erosion Defences 152 152 BDD G R A N T - - 3 3 6 12

(Ministry of Works)

Emergency Construction of Roads & Bridges 793 793 BDD - 15 10 _ _ 32 32 32 96

(Ministry of Works)

Training & Equipment for Road Maintenance 116 116 BDD G R A N T - - - -

(Ministry of Works) 4Subtotal 1061 1061 35 35 38 108

HealthExtension of Hospital Facilities 222 222 EDF C R A N T - - - - 38 38(Ministry of Health)

OtherOffice Building Ministry of Agriculture 92 92 BDD - 15 10 - _ - - -_ _

(Ministry of IUorks)

Hicroprojecta 536 246 EDF G R A N T 290 54 - 5 5 10

Subtotal 628 338 290 46 - 5 5 10

Total 5505 4972 533 10 70 137 179 386

G(ENADA - 1978/80 PWoJECT LIST

(Us$ thousands)

ExternalTotal Financing Counterpart Contribution Estimated Recurrent Costs

Projects Cost Required Possible Source Amount Status of Project 1978 1979 1980 Total

AgricultureBanana Development Progr_ 800 650 BDD 150 19 Project Study prepared by Winban - - - -(Ministry of Agriculture) and submitted to SDD for finan-

cing. BDD approved approx.$200.0 for first year operations.

Agriculture Diversification 90 60 Not known 30 33 Basic concept of project com- - - - -and Processing pleted and submitted to USAID(Ministry of Agriculture) for consideration

Tree Crop Preparation 1300 U70 Not krown 130 10 Project feasibility study has. - - - -(Ministry of Agriculture) been prepared. CIDA has been

approached for the financing.

Marketing Depot - 164' 164 BDD - - Detailed list of costs and - - - -(Grenada Marketing Board) equipment has been completed.

BDD has been approached for- ~~~~~~~~~~~~~~~~~~the financing.

Subtotal 23 2044 310 13ti

Road RehabilitationEastern Coastal Road 1778 1670 EDF 108 6 Feasibility study and cost - - - -(Ministry of UWorks) estimates completed. EDF has

agreed in principal to finance 1-the project.

Western Coastal Road 2000 1800 CDB 200 10 Project has been discussed with -

(Ministry of Works) CDB. Project preparation to____ ~~~~~~~~~~~~~~~~~start soon.

Subtotal 3778 W470 30e8 a

Ports *nd Airports/TourismAirport/Tourism Development 17000 13500 IDA/CDB/CIOAI 3500 20 Terms of reference for the(Ministry of Works) Others required feasibility studies

have been completed by CIDA.IDA has been approached toprepare project and partici-pate in its financing.

Carriacou Airstrip 200 180 Not known 20 10 Prefeasibility study has been(Ministry of Works) completed by CDB.

Port Improvement 750 675 CDB 75 10 Feasibility study under(Ministry of Works) preparation by CDB.

Carriacou Jetty 164 164 BDD - - Detailed engineering has been(Ministry of Works) completed. BDD has been

Subtotal 18114 14519 3595 aO approached for the financing.

OtherCentral Garage and Related 110 110 CIDA - Project identification is - - - -Services being carried out. CIDA has(Ministry of Works) been approgched for the

financing.

Total 24356 20143 4213 17

- 16 -

GRENADA

ANNEX C

INDIVIDUAL PROJECT DESCRIPTIONS

- 17 -

GRENADA

1978/80 Project List - Individual Project Description

Agriculture(US$'000)

I. NAME OF PROJECT: Banana Development Program.

II. EXECUTING GOVERNMENT AGENCY: Ministry of Agriculture.

III. TOTAL ESTIMATED COST: $800.0.

IV. EXTERNAL FINANCING ACQUIRED: $650.0.

V. LENDING AGENCY: BDD has been approached. $200.0 has beencommitted for the first year of operations.

VI. PURPOSE AND DESCRIPTION: The project is part of an integrated

five year development plan for the Windward Islands Banana Industry.The major components are fertilization, extention services, train-ing managment services and quality control.

VII. COST COMPONENTS AND FINANCING:

Financed by Total

Local External

Sources Sources Amount %

Local Costs 150.0 490.0 640.0 80Foreign Costs - 160.0 160.0 20

Total Costs - Amount 150.0 650.0 800.0- 20.0 80.0 100

VIII. DISBURSEMENT PERIOD:

Prior to Post1978 1978 1979 1980 Total 1980

Local Sources - 23.0 39.0 28.0 90.0 60.0External Sources - 91.0 155.0 112.0 358.0 292.0

Total - 114.0 194.0 140.0 448.0 352.0

IX. STATUS OF PREPARATION: Project study prepared by Windward IslandBanana Association (WINBAN) and submitted to BDD for consideration.BDD approved in principle approximately $200.0 for the first year

operations. Approximately $450.0 additional is still required.

- 18 -

X. TERMS OF FINANCING:

Interest Rate : )Amortization Period: ) GrantGrace Period : )

XI. PROJECT IMPLICATIONS:

Operating and Maintenance Costs )NDebt Obligations N

XII. TECHNICAL ASSISTANCE REQUIRED:

A. Feasibility Studies. )B. Project Preparation. ) WINBAN to provide the technicalC. Project Implementation. ) assistance required.

- 19 -

GRENADA



I. NAME OF PROJECT: Agriculture Diversification and Processing.

II. EXECUTING GOVERNMENT AGENCY: Ministry of Agriculture.



V. LENDING AGENCY: Unknown.

VI. PURPOSE AND DESCRIPTION: To produce new materials for agro-industries and export i.e. food crops vegetables and exotic fruits.


Financed by TotalLocal ExternalSources Sources Amount %

Local Costs 30.0 30.0 33Foreign Costs - 60.0 60.0 66

Total Costs - Amount 30.0 60.0 90.0- 33.0 66.0 100



Local Sources - - 10.0 20.0 30.0 -External Sources - - 20.0 40.0 60.0

Total - - 30.0 60.0 90.0 -

IX. STATUS OF PREPARATION: Basic concept of project completed (submittedto USAID).

- 20 -


Interest RateAmortization Period: Not known.Grace Period


Operating and Maintenance Costs)Debt Obligations None


A. Feasibility Studies. )B. Project Preparation. ) Technical assistance will be requiredC. Project Implementation. ) to prepare and manage the project.D. Other. ) FAO has been approached.

- 21 -

GRENADA

1978/80 ProJect List - Individual Project Description


I. NAME OF PROJECT: Tree Crop Propagation.

II. EXECUTING GOVERNMENT AGENCY: Ministry of Agriculture/Cocoa Board.




VI. PURPOSE AND DESCRIPTION: To increase the production of cocoa, animportant crop which currently accounts for about 30% of agriculturalexports.


Financed by TotalLocal ExternalSources soure Amun %


Total Costs - Amount 130.0 1,170.0 1,300.0- % 10.0 90.0 100



Local Sources - - 130.0 - 130.0 -External Sources - 125.0 250.0 400.0 775.0 395.0

Total - 125.0 380.0 400.0 905.0 395.0

IX. STATUS OF PREPARATION: Technical assistance for project preparationis being provided by UNIDO expert. Project fesibility study hasbeen prepared.

- 22 -


Interest Rate : )Amortization Period: ) Not knownGrace Period : )


Operating and Maintenance Costs) NoneDebt Obligations )


A. Feasibility Studies. )B. Project Preparation. ) Project manager will be requiredC. Project Implementation. ) during project implementation.D. Other. )

- 23 -

GRENADA


Agriculture/Infrastructure(US$'000)

I. NAME OF PROJECT: Marketing Depot.

II. EXECUTING GOVERNMENT AGENCY: Ministry of Communications and Works/Grenada Marketing Board.


IV. EXTERNAL FINANCING REQUIRED: $164.0.

V. LENDING AGENCY: BDD has been approached.

VI. PURPOSE AND DESCRIPTION: Construction of Marketing Depot andpurchase of marketing and storage equipment.



Local Costs - 87.0 87.0 53Foreign Costs - 77.0 77.0 47

Total Costs - Amount - 164.0 164.0-% - 100 100



Local Sources - - - - -

External Sources - 109.0 55.0 - 164.0

Total - 109.0 55.0 - 164.0

IX. STATUS OF PREPARATION: Detailed list of equipment and cost e.timateshave been completed and submitted to BDD.

- 24 -


Interest Rate )Amortization Period: ) NoneGrace Period )


Operating and Maintenance Costs) NDebt Obligations N


None. (Marketing adviser is being provided by FAO.)

- 25 -

GRENADA

1978/80 Prolect List - Individual Prolect Description

Infrastructure(US$'000)

I. NAME.OF PROJECT: Road Rehabilitation (Eastern Road).

II. EXECUTING GOVERNMENT AGENCY: Ministry of Communications and Works.

III. TOTAL ESTIMATED COST: $1,778.0.

IV. EXTERNAL FINANCING ACQUIRED: $1,670.0

V. LENDING AGENCY: EDF has been approached.

VI. PURPOSE AND DESCRIPTION: Rehabilitation of the eastern coastal

road of the island. The road is the second main road of the island

which connects Grenville and the main port of St. George's.


Financed by Total__

Local ExternalSources Soprces Amount %


Total Costs - Amount 108.0 1,670.0 1,778.0-% 6 94 100



Local Sources - 50.0 58.0 - 108.0 -External Sources - 839.0 831.0 - 1,670.0 -

Total - 889.0 889.0 - 1L778.0 -

IX. STATUS OF PREPARATION: Feasibility study and cost estimates are

completed. EDF has approved in principle the ftnancing of the

project.

- 26 -


Interest Rate )Amortization Period: ) Grant,Grace Period : )

XI. PROJECT IMPLICATIONS:1978 1979 1980 Total

Operating and Maintenance Costs 9.0 12.0 18.0 39.0Debt Obligations - - - -


A. Feasibility Studies )B. Project Preparation ) NoneC. Project Implementation)

- 27 -

GRENADA

1978/80 Project List - Individual Project Descriition


I. NAME OF PROJECT: Road Rehabilitation (Western Road).



IV. EXTERNAL FINANCING REQUIRED: $1,800.0.

V. LENDING AGENCY: CDB has been approached.

VI. PURPOSE AND DESCRIPTION: To rehabilitate 11 miles of the westerncoastal road of the island--St. Georges to Gouyave (third largestcity of the island). The existing road is in complete disrepairand, if not rehabilitated soon, a complete reconstruction will berequired. The road is extensively used for the transport of agricul-tural products to the only major port of the island, St. George's.



Local Costs 200.0 900.0 1,100.0 55Foreign Costs - 900.0 900.0 45

Total Costs - Amount 200.0 1,800.0 2,000.0-% 10 90 100 100



Local Sources - - - 100.0 100.0 100.0External Sources - - - 400.0 400.0 1,400.0

Total - - - 500.0 500.0 1,500.0

IX. STATUS OF PREPARATION: Project has been discussed with CDB; projectpreparation to start soon.

- 28 -


Interest Rate )Amortization Period: ) UnknownGrace Period : )


Operating and Maintenance Costs) None during the 1978/80 period;Debt Obligations ) project under preparation and

) implementation.


A. Feasibility Studies. Technical feasibility study is required.

B. Project Preparation ) Project manager will be required during) the preparation and implementation

C. Project Implementation ) period of the project.

D. Other

- 29 -

GRENADA

1978/80 Prolect List - Individual Project Description

Tourism(US$'000)

I. NAME OF PROJECT: Airport Tourism Development Project.



IV. EXTERNAL FINANCING REQUIRED: $13,500.0.

V. LENDING AGENCY: IBRD, CIDA and CDB have been approached. Otherswill need to participate in the financing of the project.

VI. PURPOSE AND DESCRIPTION: To construct an all-weather airport withnight landing facilities and a land use plan and related infrastruc-ture for the development of tourism. Technical assistance forpromotional requirements and training is included in the project.



Local Costs 3,500.0 1,500.0 5,000.0 29Foreign Costs - 12.000.0 12.000.0 71

Total Costs - Amount 3.500.0 13.300.0 17.000.0- % 21 79 100



Local Sources - - - 1,600.0 1,600.0 1,900.0External Sources - - 500.0 3,400.0 3.900.0 9,600.0

Total - - 500.0 5,000.0 5,500.0 11,500.0

IX. STATUS OF PREPARATION: Terms of reference for the requiredfeasibility studies have been completed by CIDA.

- 30 -


Interest Rate )Amortization Period: ) Not known: Concessionary financing or grantGrace Period :) will be required.

XI. PROJECT IMPLICATIONS:Operating and Maintenance Costs) NDebt Obligations None


A. Feasibility Studies: Feasibility studies are required.B. Project Preparation: ) Technical assistance and projectC. Project Implementation:) management will be required during

) project implementation.

XIII. COMMENTS: Lack of counterpart financing and technical expertisemight cause delays in project implementation.

- 31 -

GRENADA

1978/80 Proiect List - Individual Project Description


I. NAME OF PROJECT: Carriacou Airstrip.




V. LENDING AGENCY: UJnknown.

VI. PURPOSE AND DESCRIPTION: To resurface the airstrip in Carriacou whichhas been severely detertorated and is considered unsafe.


Financed by TotalLocal ExternalSources Sources Amount


Total Costs - Amount 20.0 180.0 200.0-% 10 90 100



Local Sources - - 10.0 10.0 90.0 -External Sources - - 90.0 90.0 180.0

Total - - 100.0 100.0 200.0 -

IX. STATUS OF PREPARATION: Prefeasibtitty has been completed by CDB.

- 32 -




Operating and Maintenance )Costs ) None during the 1978/1980 period.

Debt Obligations ) Project in preparation and implementation.


A. Feasibility Studies. Feasibility study will be required.B. Project PreparationC. Project Implementation

- 33 -

GRENADA

1978/80 Prolect List - Individual Project Description


I. NAME OF PROJECT: Port Improvement.




V. LENDING AGENCY: CDB has been approached.

VI. PURPOSE AND DESCRIPTION: To improve St..George's harbor to handlecontainerized cargo and to provide a small berth close to theMarketing Board Depot for the schooners that handle the inter-islandtrade. Substantial institutional building is also included in theproject.




Total Costs - Amount 75.0 675.0 750.0- % 10 90 100



Local Sources - - 50.0 25.0 75.0 -External Sources - - 100.0 300.0 400.0 275.0

Total - - 150.0 325.0 475.0 275.0

IX. STATUS OF PREPARATION: Feasibility study under preparation by the CDB.

- 34 -




Operating and Maintenance Costs) NDebt Obligations N


A. Feasibility Studies

B. Project Preparation ) Technical assistance will be required in) establishing a Port Authority. A Project

C. Project Implementation ) manager will be required during theimplementation period.

- 35 -

GRENADA

1978/80 Prolect List - Individual Prqject Description


I. NAME OF PROJECT: Carriacou Jetty.




V. LENDING AGENCY: BDD has been approached.

VI. PURPOSE AND DESCRIPTION: To build a jetty in Carriacou to facilitatesea communication and the inter-island schooner trade.



Local Costs - 87.0 87.0 53Foreign Costs - 77.0 77.0 47

Total Costs - Amount - 164.0 164.0- % - 100 100



Local Sources - - - - - -External Sources - 110.0 54.0 - 164.0

Total - 110.0 54.0 - 164.0

IX. STATUS OF PREPARATION: Detailed engineering has been completed.BDD has been approached for the financing.

- 36 -


Interest RateAmortization Period:) UnknownGrace Period


Operating and Maintenance Costs)Debt Obligations None


A. Feasibility Studies. )B. Project Preparation ) noneC. Project Implementation )D. Other

- 37 -

GRENADA


Training and Maintenance(US$'000)

,I. NAME OF PROJECT: Establishment of Central Garage and RelatedServices.





VI. PURPOSE AND DESCRIPTION: To create a Central Government garage toefficiently maintain and repair government vehicles and heavy equip-ment. The project includes a substantial tratntng component.



Local Costs 33.0 33.0 30Foreign Costs 77.0 77.0 70

Total Costs - Amount - 110.0 110.0-% - 100 100



Local Sources - - - - -

External Sources - - 28.0 55.0 83.0 27.0

Total - = 28.0 55.0 83.0 27.0

IX. STATUS OF PREPARATION: Project identiFtcation Ls being carried outby Government.

- 38 -


Interest Rate : )Amortization Period: ) UnknownGrace Period : )

XI. PROJECT IMPLICATIONS:1978 1979 1980 Total

Operating and Maintenance Costs - 3.0 8.0 11.0

Debt Obligations - -


A. Feasibility Studies: Feasibility study is being prepared by CIDA.

B. Project Preparation ) Technical Assistance for) maintenance/repair training

C. Project Implementation-) will be required.

- 39 -

GRENADA

ANNEX D

INDIVIDUAL TECHNICAL ASSISTANCE PROFILES

- 40-

GRENADA

1978/80 Project List - Individual ProJect Descrtipion

Technical Assistance

SECTOR: Economic Infrastructure.

PROJECT TITLE: Hydrological Survey.

INTERNATIONAL ORGANIZATION: Unknown.

COUNTERPART INSTITUTION: Ministry of Communications and Works.

DESCRIPTION AND OBJECTIVES: To undertake feasibility study of Grenada hydro-logical resources and to identify Grenada's hydro-power generating potential.

TECHNICAL ASSISTANCE REQUIREMENTS: An engineer expert in Hydrology for approxi-mately six months. No studies of such nature have ever been done in Grenada.

ESTIMATED COST: Unknown.

- 41 -

GRENADA

1978/80 Proiect List - Individual Project Descr1piption


SECTOR: Social Infrastructure.

PROJECT TITLE: Social Development Technical Assistance.


COUNTERPART INSTITUTION: Ministry of Social Affairs, Community Developmentand Cooperatives.

DESCRIPTION AND OBJECTIVES: To coordinate the social development section ofthe Ministry of Social Affairs and advise on the organization of programs forchild. care, social welfare, social extention, nutrition and home economicsprograms.

TECHNICAL ASSISTANCE REQUIREMENTS: One social development advisor for aperiod of 6 months.


- 42 -

GRENADA

1978/80 Project List - Individual Proiect Description


SECTOR: Industry.

PROJECT TITLE: Development of Agro-industries.


COUNTERPART INSTITUTION: Ministry of Agriculture, forestry and fisheries/agro-industry laboratory.

DESCRIPTION AND OBJECTIVES: A study is required to identify agro/industrialopportunities in the island. Bananas, cocoa, nutmeg and other spices as wellas tropical fruits and vegetables are products that should be considered.

TECHNICAL ASSISTANCE REQUIREMENTS: Two experts on Agro-industry and marketingwould be required for about one year to identify and execute the study.


- 43 -

GRENADA

1978/80 Prolect List - Individual Prolect Description


SECTOR: Agriculture.

PROJECT TITLE: Technical Assistance for additional development work atthe Produce Chemical Laboratory.

INTERNATIONAL ORGANIZATION: Unknown - The Produce Chemical Laboratory wasestablished with the help of the U.K. under its Technical AssistanceProgramme.

COUNTERPART INSTITUTION: Ministry of Agriculture.

DESCRIPTION AND OBJECTIVES: To enable the Produce Chemical Laboratory toconduct pilot investigation into the production of dried protein supplementedfoods prepared from locally available fruit and vegetables and intended forinfant feeding in Grenada and possibly in neighboring islands.

TECHNICAL ASSISTANCE REQUIREMENTS: The technical assistance required shouldinclude the provision of a suitable expert, equipment, operational funds andtraining for counterpart personnel.


- 44 -

GRENADA



SECTOR: Economic Infrastructure.

PROJECT TITLE: Fellowship/training of two pilots.


COUNTERPART INSTITUTION: Ministry of Finance.

DESCRIPTION AND OBJECTIVES: To adequately train Government pilots forservicing the Port of St. George's. The Government plans to make pilotagewithin the port of St. George's compulsory to ocean going ships.

TECHNICAL ASSISTANCE REQUIREMENTS: Fellowship training of two Port Pilots forsix months each. Possibly at the Port Authority in Barbados.

ESTIMATED COST:.. Unknown.

Documents

Report No. 1994-GRD Economic Memorandum on Grena adocuments.worldbank.org/curated/pt/295441468030345431/pdf/multi0page.pdf · Report No. 1994-GRD F Economic Memorandum on Grena a