On June 18, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the consideration of the Article IV consultation with Dominica. Under Article IV of its Articles of Agreement, the IMF has a mandate to exercise surveillance over the economic, financial and exchange rate policies of its members in order to ensure the effective operation of the international monetary system. The IMF’s appraisal of such policies involves a comprehensive analysis of the general economic situation and policy strategy of each member country. IMF economists visit the member country, usually once a year, to collect and analyze data and hold discussions with government and central bank officials. Upon its return, the staff submits a report to the IMF’s Executive Board for discussion. The Board’s views are subsequently summarized and transmitted to the country authorities.

The authorities have not consented to publication of the staff report and the related press release.

The last Article IV Executive Board Consultation was on June 18, 2018. Listed below are items related to Dominica.

At a Glance

  • 2018 Projected Real GDP (% Change) : -16.3
  • 2018 Projected Consumer Prices (% Change): 1.4
  • Country Population: 0.071 million
  • Date of Membership: December 12, 1978
  • Article IV/Country Report: December 20, 2017
  • Outstanding Purchases and Loans (SDR): 8.77 million (June 30, 2018)
  • Special Drawing Rights (SDR): 0.89 million
  • Quota (SDR): 11.5 million
  • Number of Arrangements since membership: 5

Country Data

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