Dominica: Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criterion

September 2, 2004

Preview Citation

Format: Chicago

Dominica: Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criterion, (USA: International Monetary Fund, 2004) accessed September 19, 2024

Summary

The staff report for the Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility on Dominica focuses on macroeconomic framework and fiscal policy. The program has been based on the expectation that Dominica will achieve a collaborative debt restructuring with its creditors that meets the residual near-term financing needs and ensures medium-term debt sustainability. The authorities continue to make progress in implementing the structural reform agenda, which aims to address the root causes of the macroeconomic imbalances and to remove impediments to growth.

Subject: Arrears, Asset and liability management, Budget planning and preparation, Debt restructuring, External debt, Public debt, Public financial management (PFM)

Keywords: Arrears, Budget planning and preparation, Caribbean, CR, Debt, Debt restructuring, Debt restructuring process, Global, ISCR, NPV debt reduction, PRGF arrangement, Rights holder, Treasury bill market

Publication Details

Pages:

83
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/286
Stock No:

1DMAEA0052004
ISBN:

9781451810875
ISSN:

1934-7685

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