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What are the main challenges facing Grenada***s economy?
Answer (En)
While Grenada***s economy has been steadily growing, it faces several challenges. The heavy reliance on agriculture, particularly nutmeg and cocoa, leaves the island vulnerable to global market fluctuations and natural disasters, such as hurricanes. The tourism sector is another vital area of the economy, yet it is dependent on external factors like international travel trends and global economic conditions. Grenada is also working on reducing its public debt and diversifying its economy. Climate change poses a long-term challenge, with rising sea levels and increased hurricane activity threatening infrastructure and livelihoods.
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