Budget Alert Vol. 3: Fiscal Insights and Economic Realities in Grenada What do national budgets really reveal about a country's future? Budget Alert Volume 3 delivers a clear, compelling examination of Grenada's economic and fiscal landscape through a series of carefully researched articles drawn from the 2023 and 2024 national budgets. Grounded in real policy analysis, this volume explores how fiscal policy shapes economic growth, public finance management, and social development-not only in Grenada, but across the Eastern Caribbean Currency Union (ECCU). From government revenue and expenditure trends to debt management and socio-economic priorities, each article breaks down complex financial concepts into accessible, practical insights. Inside this volume, readers will discover: . In-depth analysis of Grenada's national budgets and fiscal strategy . Key socio-economic issues affecting development and public welfare . Insights into public finance performance and economic management . Contextual understanding of fiscal policy within small island economies Designed for students, policymakers, researchers, finance professionals, and anyone interested in Caribbean economic development, this book provides both foundational knowledge and critical perspectives. It is especially relevant for readers in economics, public administration, and finance, as well as tertiary-level learners. Why this book matters: National budgets are more than numbers-they are powerful tools that shape a nation's direction. Budget Alert Volume 3 equips readers with the knowledge to interpret these decisions, understand their impact, and engage meaningfully in conversations about economic policy. An essential resource for anyone seeking clarity, insight, and informed analysis on Grenada's fiscal future.

MS. LAUREL THERESA BAIN was formerly employed as a Senior Director at the Eastern Caribbean Central Bank. She has strong technical and administrative skills which were strengthened as she served for over 25 years in various positions including that of Deputy Director in the Research Department, Senior Director of the Statistics Department, and Adviser and Senior Director in the Governor's Office. Ms. Bain has undertaken numerous assessments of the economies of the Eastern Caribbean Currency Union (ECCU) and research on fiscal policy and taxation issues in the ECCU. Ms. Bain has worked extensively with international development agencies and regional institutions. She represented the countries of the ECCU at the IMF and the World Bank and participated in ongoing dialogue with these institutions. During her career at the ECCB, Ms. Bain received the Governor's Award on two occasions for excellent and dedicated service. Ms. Bain was engaged in capacity building programmes in CARICOM. She provided training to senior public officers in Dominica, Montserrat, Anguilla, and trainers in these countries along with The Bahamas and the Turks and Caicos Islands. She has been involved in undertaking assessment and developing training programs for parliamentarians, with Guyana as the pilot. Ms. Bain is the Author of the books: Fiscal Policy in the Eastern Caribbean Currency Union: Challenges and Opportunities; Fiscal Policy: The Economy; and The Tax Structure of the Member Countries of the ECCB. Ms. Bain holds a Bachelor of Science (BSc) and Master of Science (MSc) degrees in Economics from the University of the West Indies, St Augustine, Trinidad, and Tobago.