IMF Staff Country Reports

Dominica: Seventh Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Financing Assurances Review

Publication Date:

January 3, 2007

Electronic Access:

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Summary:

This paper discusses key findings of the Seventh Review Under the Poverty Reduction and Growth Facility (PRGF) for Dominica. Policy implementation under the program has remained strong. All end-June 2006 performance criteria were met, and all indicative targets for end-June and end-September were met with comfortable margins. Progress has been made on the structural benchmarks for the Seventh Review. Fiscal performance in FY2005/06 was commendably strong, and the FY2006/07 budget reflects a continuation of strong fiscal policies.

Series:

Country Report No. 2007/001

Subject:

Asset and liability management Debt restructuring Macrostructural analysis Public financial management (PFM) Revenue administration Structural reforms Taxes Value-added tax