Grenada’s Ministry of Finance experiences that EC$627.7 million was collected in income and grants from January to June 2025.
Whereas this exceeded the Ministry’s goal of EC$622 million, it fell wanting the EC$740.3 million collected throughout the identical interval in 2024, representing a discount of EC$112.6 million year-on-year.
The June 2025 Fiscal Report highlights notable declines in sure income streams, significantly the Citizenship by Funding (CBI) programme. CBI income for June 2025 was EC$10.5 million, down EC$30 million from the EC$40.5 million collected in June 2024. Different reductions have been seen in property tax and non-tax revenues.
Present Income for June totaled EC$93.8 million, exceeding the month-to-month goal by EC$1.9 million however falling EC$21.4 million wanting June 2024’s collections. Whole grants amounted to EC$6.5 million, surpassing each the goal and the earlier yr’s quantity by EC$1.9 million and EC$6.1 million, respectively.
On the expenditure facet, complete present spending (excluding principal repayments) for June was EC$71.4 million, EC$10.2 million under the focused EC$81.6 million, whereas capital expenditure reached EC$45.3 million—EC$19.1 million greater than June 2024 and above the EC$29.6 million goal.
The Main Stability for June, together with grants, was recorded at -EC$14.8 million, which was EC$3.7 million under the month’s goal and EC$37.1 million decrease than June 2024. Yr-to-date, the Main Stability stood at -EC$11.7 million—EC$43.5 million higher than focused however EC$230.5 million decrease than the identical interval in 2024.
The report notes the Total Stability for the primary half of 2025 was -EC$30.4 million, “considerably higher than the -EC$79.0 million focused for the interval.” Principal debt funds for June have been EC$2.1 million, with curiosity funds totaling EC$1.6 million.
The Ministry’s fiscal knowledge signifies that whereas Grenada met and, in some instances, exceeded sure targets, shortfalls in key income areas, significantly the CBI programme, contributed to the decline in comparison with 2024 figures.
