Fiscal Sustainability and Resource Mobilization in the Dominican Republic

Author/Editor: Melhado, Oscar E.
Publication Date: January 01, 2003
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Disclaimer: This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate
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. 03/19
Subject(s): Fiscal policy | Dominican Republic | Resource mobilization

Author's Keyword(s): Dominican Republic | fiscal sustainability | resource mobilization
Publication Date: January 01, 2003
ISBN/ISSN: 1934-7073 Format: Paper
Stock No: WPIEA0192003 Pages: 35
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