Budget Speech 2011 - Government of Grenada

Its development goal is to contribute to the reduction of poverty in fifty
(50) rural communities including Carriacou by increasing the income
of unemployed youth and self employed men and women in these
communities.
Unlike, G-REP which focused primarily on community infrastructure
projects, this project will focus on supporting livelihoods in rural
communities and will have a strong emphasis on agricultural production,
fishing and food security.
To this end, the project will establish a Rural Investment Fund. This Fund
will have three windows: the Social Window: to finance investment in
critical public infrastructure for production, processing and marketing;
the Enterprise Window: to support business planning, production,
processing and marketing targeted to legally constituted organizations; and
the Productive Window: to provide financing for small scale sustainable
revenue generating initiatives.
Given the scale of this project, the project steering committee will include
community based organizations, a representative farmers’ organization
and a financial institution among others.
The headquarters for the project office will be in St. Patrick, the parish
designated as the poorest parish by the last Poverty Assessment. This
project will be implemented over 6 years and should commence no later
than March of this year.
An allocation of $1.65 million has been provided for the first year
during which twenty (20) communities will be targeted. The number of
communities targeted will increase in successive years of the project.
2011 Population and Housing Census
Mr. Speaker, most countries have decided to conduct their round of
Population and Housing Censuses in 2010 or 2011. Grenada will conduct
its Census of Population and Housing this year with May 12 to be
designated as Census Day.
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2011 Budget Statement