Archive for March 24th, 2011

ST GEORGE’S, Grenada – The International Monetary Fund (IMF) said yesterday that Grenada should experience economic growth of nearly 1.5 per cent this year, noting that Gross Domestic Product (GDP) had declined for a second year last year.

An IMF delegation, headed by Nita Thacker ended a one week visit on Tuesday to conduct discussions on the second review of the government’s economic programme supported by the IMF’s Extended Credit Facility (ECF) that was approved on April 2, last year.

The mission ...

Fighting between rebels and forces loyal to Libyan leader Col Muammar Gaddafi has been continuing in key cities after a fifth consecutive night of air strikes by international forces.

Overnight, several loud explosions were heard in the capital, Tripoli. In the rebel-held city of Misrata, east of Tripoli, government tanks have been shelling the area near the hospital.

There have also been reports of fierce fighting between rebels and pro-Gaddafi forces in strategic Ajdabiya.

Residents fleeing the town described shelling, gunfire and ...