A team from the Ministry of Finance, including the Permanent Secretary, Timothy Antoine, and Deputy Accountant General Garvin Roberts, made a presentation to the Grenada Cabinet on Monday on the state of the government finances. The presentation included: -An overview of Government’s fiscal and financial operations for the first six months of 2008; -An assessment of prospects for the second half of the year; and -The presentation of some key recommendations. The newly installed administration has said it is committed to sound economic management and expects regular updates from the Ministry of Finance on the country’s economic and fiscal performance. “We committed to the people of Grenada to bring proper management to the country’s finances and we want to ensure we are kept abreast of the nation’s finances each step of the way,” said Prime Minister Tillman Thomas. The Cabinet is expected to use this information to guide its decisions until it presents the 2009 Budget. Thomas said closely monitoring the performance of Grenada’s economy is critical at this time as the government settles down to business. Reprinted from Caribbean Net News caribbeannetnews.com