Dominica : Second Review Under the Stand-By Arrangement, Cancellation of Stand-By Arrangement and Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility

Author/Editor:

International Monetary Fund

Publication Date:

January 12, 2004

Electronic Access:

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Summary:

In this study, the authorities outlined a two-stage strategy and explained the need for requesting the cancellation of Stand-By Arrangement and the approval of a Three-Year Arrangement Under the Poverty Reduction Growth Facility (PRGF). The objective of the three-year program is to review growth by addressing the debt overhang and structural weaknesses. The underlying concept of fiscal reform is to support the achievement of the medium-term primary surplus target. The authorities will implement a number of initiatives to strengthen the investment climate in the economy.

Series:

Country Report No. 04/6

Subject:

English

Publication Date:

January 12, 2004

ISBN/ISSN:

9781451810806/1934-7685

Stock No:

1DMAEA0012004

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

74

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