Grenada Signs $10.5 Million Agreement With OPEC Fund to Renovate Schools

By: Caribbean Journal Staff - March 22, 2012

Above: St George’s, Grenada (CJ Photo)

By the Caribbean Journal staff

Grenada has signed a $10.5 million loan agreement with OPEC’s Fund for International Development to be used for the repair and renovation of 10 schools and 17 kitchen facilities across the country.

Grenadian Ambassador to the European Union Stephen Fletcher signed the agreement along with Suleiman J. Al-Herbish, Director-General of OFID in Vienna.

Prime Minister Tillman Thomas said his government was committed “to deepen the relationship with the Fund as we continue to advance our development agenda to improve the well-being of our citizens.”

Education Minister Franka Alexis-Bernardine, who was in Paris attending the UNESCO Executive Board Meeting, said students at the schools “could now look forward to improved physical facilities over the next few months.”

Finance Minister Nazim Burke echoed the sentiment, calling it a “welcome injection of financial resources in the economy.”

The OPEC Fund for International Development has been working with Grenada for decades, including on the construction of the country’s international airport in the 1980s.

Popular Posts cape santa maria

From Anguilla to Aruba, the Best Caribbean Beaches to Visit This Summer

Forget the Hamptons, forget Santorini. And Florida? There’s a reason snowbirds go home in the summer. If you’re looking for a summertime beach getaway, the Caribbean is it. The water is deliciously warm, the trade winds keep you cool and […]

From Belize to Grenada, 10 Little Caribbean Beach Resorts to Visit Right Now 


There are different resorts for different vacations, different tastes, different moods. For some, there’s something delicious about a pint-sized, tiny Caribbean resort, where the emphasis is on the intimate, the serene. Where the soundtrack isn’t a piped-in DJ set, but […]

American Airlines Adding More Flights as Cayman Islands Travel Demand Surges

american airlines beach with brush and blue sky

As part of a continued push to the Caribbean for the upcoming winter, American Airlines is adding another daily nonstop route, Caribbean Journal has learned.  American Airlines is transitioning to daily nonstop service between Dallas-Fort Worth and Grand Cayman in […]

Related Posts la sagesse beach

Air Canada Is Adding Spring and Summer Flights to Grenada 

Air Canada is adding what will amount to year-round flights to the tri-island destination of Grenada, Caribbean Journal has learned.  The carrier will be operating continuous service to Grenada, after a four-year hiatus.  The new service will be operating once […]

The 25 Best Caribbean Beach Bars for 2024

carbet beach

What is the first thing you want to do after you land at an airport in the Caribbean? For many, it’s a pretty simple answer. Make your way, by car or boat, to your sandy chair, cocktail in hand, at […]

The 25 Best Beaches in the Caribbean to Visit in 2024

caribbean beaches caribbean beaches by boat

Let’s be frank. The best beach in the Caribbean is the one you’re on right now. That means choosing our favorite beaches in the Caribbean each year is an almost impossible task — and one that, we admit, is completely […]


Sign up for Caribbean Journal's free newsletter for a daily dose of beaches, hotels, rum and the best Caribbean travel information on the net.

No. Thank You