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Grenada's investment citizenship program has built a $54.6M contingency fund for economic stability.
Grenada's Citizenship by Investment (CBI) program has accumulated a contingency fund of about $54.6 million (EC$54.6 million) at the Eastern Caribbean Central Bank.
This fund, a result of 10% monthly deposits from CBI revenues, serves as a buffer against economic shocks and can be used for disaster relief or to restructure debt.
The CBI program allows foreign investors to gain citizenship by making significant investments in Grenada.
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El programa de ciudadanía de inversión de Granada ha construido un fondo de contingencia de $54,6 millones para la estabilidad económica.