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The French Government has agreed to assist Grenada in renegotiating its foreign debt. This was just one of the areas agreed upon today in Paris, at a meeting between French Minister for Development and Cooperation Monsieur Xavier Darcos and Grenadian Prime Minister Dr. the Rt. Hon. Keith Mitchell. Monsieur Darcos says his government is willing to use the influence of the Paris Club to highlight the need for international donors to consider restructuring Grenada’s debt. France has also promised to assist Grenada with budgetary support and with technical training programmes for the country’s young people. Prime Minister Dr. Keith Mitchell told the French Minister that budgetary support was crucial now for Grenada since Hurricane Ivan. Prime Minister Mitchell explained that Grenada’s economy was hit hard by Ivan and that all sectors were affected. France has also committed to providing technical experts to support the work of the Agency for Reconstruction and Development.
Office of the Prime Minister
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