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

January 12, 2004

Preview Citation

Format: Chicago

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, (USA: International Monetary Fund, 2004) accessed September 20, 2024

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.

Subject: Debt strategy, External debt, Fiscal policy, Fiscal stance, Public debt

Keywords: Caribbean, CR, Debt strategy, Discretionary exemption, Fiscal stance, Government, IMF staff representative, ISCR, PRGF arrangement, SDR, Staff appraisal, World Bank's Board

Publication Details

Pages:

74
Volume:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2004/006
Stock No:

1DMAEA0012004
ISBN:

9781451810806
ISSN:

1934-7685

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports