The population of Grenada in 2017 was 112,000 people, with the majority living in rural areas. The economy of Grenada is largely based on services, industry, and agriculture, with a GDP of $1.2 billion and a relatively low per capita income. Grenada is a member of the United Nations, Caribbean Community (CARICOM), World Trade Organization (WTO) and Organization of Eastern Caribbean States (OECS). It has close ties to many countries throughout the Caribbean as well as its former British colonial masters. In terms of politics, it is a unitary parliamentary republic with President Anthony Thomas Aquinas Carmona as its head of state. The Prime Minister is Dr Keith Mitchell who leads the New National Party which has been in power since 2013. See militarynous for Grenada military and defense.
Grenada. In February, Cécile La Grenade, the Governor-General of Grenada, rejected the appointments of nearly half of the officials serving in offices in one of the 15 constituencies in which the country is divided in parliamentary elections. The seven people would have been tasked with overseeing the daily work of each constituency. According to the opposition party National Democratic Congress (NDC), La Grenades’ decision was an attempt to manipulate the electoral process in favor of the ruling New National Party (NNP). The head of the country’s parliamentary election oversight authority, Alex Phillip, was pleased to note that the Governor-General was entitled to reject the appointments. See ABBREVIATIONFINDER for frequently used acronyms and abbreviations related to as well as country profile of Grenada.
In March, the Caribbean Development Bank approved grants of more than US $ 230,000 to Grenada. The money will, among other things, finance consultants with expert knowledge of a project to extract geothermal energy in the country. Grenada is highly dependent on oil imports to meet the country’s energy needs. Domestic production of geothermal energy is both a way to reduce carbon dioxide emissions and a measure to get rid of import dependency. The latter is also planned to be achieved through own oil extraction. In June, Prime Minister Keith Mitchell, who is also Minister of Energy, announced that within a few months, the international company Global Petroleum Group would begin test drilling and other investigations to find out if there are conditions for oil production in Grenada.
According to Countryaah.com, Grenada was listed as one of 17 countries and territories on the EU’s first “black list” of tax havens, published in December.