Fiscal Sustainability and Resource Mobilization in the Dominican Republic
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Summary:
This paper examines fiscal sustainability and resource mobilization in the Dominican Republic. The fiscal position appears to be sustainable, if resource mobilization is strengthened. If expenditure continues to rise (relative to GDP), without any further fiscal adjustment, indicators of sustainability would begin to deteriorate. It would be important to maintain an appropriate mix between additional financing and fiscal adjustment, in order that the future debt burden does not rise excessively.
Series:
Working Paper No. 2003/019
Subject:
Expenditure Fiscal policy Fiscal stance Fiscal sustainability Public debt Revenue administration
English
Publication Date:
January 1, 2003
ISBN/ISSN:
9781451843767/1018-5941
Stock No:
WPIEA0192003
Pages:
35
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