Posted by St. Georges, Grenada: The Government of Grenada is focusing on enhancing its support for exports through improving access to Trade and Information and Strengthening the capacity of the Bureau of Standards to provide services related to conformity assessment and quality assurance.
This is one objective of the Grenada technical Assistance Credit Project which was launched today (Tuesday October 20th) at the Grenada Trade Centre.
This project is born out of a financing agreement entered into by the Government of Grenada and the International Development Association (IDA).
Through this agreement financing is provided to support the Government of Grenada in improving the environment for private sector led growth through the modernization of key public sector institutions and the implementation of an export strategy.
The Project is also aimed at improving the efficiency and effectiveness of customs; and improving the efficiency of tax administration through, among other things, a decrease in the transaction costs of paying taxes and consequently, an increase in tax compliance.
