FAQ’S

The FROC is a statutory body established under the Fiscal Resilience Act (FRA) to monitor the Government of Grenada’s compliance with the FRA’s rules-based framework and to report on fiscal transparency and accountability.

The FRA aims to guide fiscal policy in Grenada to ensure long-term sustainability, fiscal transparency, and accountability. It helps anchor government finances throughout the budgetary process and provides flexibility to manage economic shocks.

The FRA became effective on January 1, 2024, replacing the Fiscal Responsibility Act of 2015.

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1. An Annual Report by March 31.


2. A statement on the Supplementary Appropriation Bill within two weeks of its parliamentary approval.


3. A report on the Medium-term Fiscal Framework within two weeks of submission to the Ministry of Finance

FROC publications, including annual reports, compliance statements, and other documents, are available on the official website under the “Publications” section

To strengthen fiscal resilience through sustainable fiscal and debt strategies.

To foster a dynamic and flexible economy fueled by sustained economic growth, underpinned by prudent fiscal and debt strategies and a sound financial system