2020-21 Budget

Overview

Grenada’s financial year runs from 1 July to 30 June.

Grenada operates on a cash basis and appropriations lapse on 30 June each year.  

The 2020-21 Budget was brought down on 4 June 2020 by the Hon Martin Hunt MP, Minister for Finance.

The 2020-21 Budget recognised expected revenues of $210.5 million and expenditure of $210.4 million with a small surplus balance.

Supplementary appropriation bills are passed by Parliament through the year to update revenue estimates and expenditure appropriations.

Quarterly budget performance reports are produced to track expenditure and revenue performance through the year.

Budget documents

 2020-21 Budget at a glance

 Grenada Fiscal Strategy 2020-21

Treasury Fund estimates of revenue and expenditure

 BP 2 2020-21 
 BP 1 2020-21 
 Budget speech 
 2020-21 Appropriation Bill

Development Fund Projections

 DevFund Projections Speech
 DevFund Projections FY20-21

Supplementary Appropriation No 2 2020-21 was passed on 28 January 2021

 2020-21 Supplementary Budget No 2

Supplementary  Appropriation No 1 2020-21 was passed on 23 October 2020

 2020-21 Supplementary Budget No 1

 DevFund Projection Speech 21-22

 Development Fund

The Minister for Finance has made the following statements in Parliament during 2020

 Ministerial Statement – 2019-20 Budget Outcomes 22 October 2020

 Ministerial Statement – 2016-17 Financial Statements audit report 22 October 2020

 Ministerial Statement- Annual Development Report FY2019-2020 22 October 2020

Projections 21-22

Performance reports

Budget performance is monitored regularly, and quarterly performance reports are published here

There are currently no end of year reports for 2020-21.

Supplementary Appropriation Number 1 2021-22 was passed on 8 September 2021
 2021-22 Supplementary Budget No 1
Supplementary Appropriation Number 2 2021-22 was passed on 9 November 2021
 2021-22 Supplementary Budget No 2

Appropriation Bill

 2021-22 Supplementary Appropriation Bill No 1
 2021-22 Supplementary Appropriation Bill No 2