Dominica: Seventh Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Financing Assurances Review

January 3, 2007

Summary

This paper discusses key findings of the Seventh Review Under the Poverty Reduction and Growth Facility (PRGF) for Dominica. Policy implementation under the program has remained strong. All end-June 2006 performance criteria were met, and all indicative targets for end-June and end-September were met with comfortable margins. Progress has been made on the structural benchmarks for the Seventh Review. Fiscal performance in FY2005/06 was commendably strong, and the FY2006/07 budget reflects a continuation of strong fiscal policies.

Subject: Asset and liability management, Debt restructuring, Macrostructural analysis, Public financial management (PFM), Revenue administration, Structural reforms, Taxes, Value added tax

Keywords: authority, Caribbean, commendable commitment, completion of the review, CR, Debt restructuring, discussion of Dominica, ISCR, PRGF, PRGF arrangement, private sector, Structural reforms, Value-added tax

Pages:
48
Volume:
2007
DOI:
https://doi.org/10.5089/9781451810950.002
Issue:
001
Series:
Country Report No. 2007/001
Stock No:
1DMAEA2007001
ISBN:
9781451810950
ISSN:
1934-7685

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