Grenada warns of major economic challenges ahead, while the IMF says more needs to be done to reduce the country’s national debt

Broad Street Journal Online: "Like its sister Caricom countries, Grenada is feeling the pressure of rising food and fuel prices, and yesterday Finance Minister Anthony Boatswain admitted that there were major challenges facing the Grenada economy, the Caribbean media Corporation reports. In a statement, Boatswain said that the major challenges were the high price of fuel and the rising prices of basic food items like milk, sugar, rice and flour. ."