The Value Added Tax (VAT) will be implemented in Grenada on February 1, 2010, and in order to make locally produced goods competitive on the international market, exports to include taxable goods that are exported will be zero-rated.

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Consistent with the commitment given by the Minister of Finance, Hon Nazim Burke, in his 2010 budget presentation, Grenada is actively engaged in negotiating Tax Information Exchange Agreements (TIEAs) with several of its economically significant trading partners, with the goal of establishing 12 Agreements by March 2010.

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National Disaster Management Agency (NaDMA) – The Honorable Tillman Thomas, Prime Minister, at the Budget Presentation on Friday 15th January 2010 has pledged an initial sum $100,000.00 United States dollars to Haiti in response to the January 12th devastating earthquake.

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NYC, Jan. 10, 2010 – At a meeting held in New York City last Tuesday, involving New York University School of Dentistry (NYUSD) officials, Grenada’s Consul General Derek James, and the leaders of Concerned Grenadians of New York (CGNY), plans were finalized to commence the massive NYU School of Dentistry Henry Schein Cares Global Outreach Project in Grenada on January 16, 2010.

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