Church leaders against IMF prescription
Church leaders Wednesday urged the Grenada government to resist any attempt by the International Monetary Fund (IMF) to increases taxes and cut social services as the island grapples with attempts at turning around a sluggish economy.
The Conference of Churches Grenada in a statement said that it is deeply concerned about the prevailing socio-economic situation in the country and any attempt to impose additional taxes on the Grenadian population should be resisted.
Officials from the Washington-based financial institution are now here conducting an assessment of the economic situation in Grenada and the religious leaders reminded the Keith Mitchell administration that many people were finding it extremely difficult to “make ends meet”.
The religious group said in addition there were a number of people, including those with academic qualifications, who have not been able to find employment and that the social problems here have reached alarming proportions.
“It is against this background that we strongly urge our government to resist any pressure to increase taxes or to make further cuts to social, medical or educational services.”