Dominica : Use of Fund Resources: Request for Emergency Assistance: Staff Report; and Press Release on the Executive Board Discussion

Author/Editor:

International Monetary Fund

Publication Date:

April 1, 2008

Electronic Access:

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Summary:

Dominica was struck by Hurricane Dean during August 16–17, 2007. A recent earthquake also underscores the vulnerability of the economy to natural disasters. Output growth slowed during the first half of 2007 as tourist arrivals stagnated across the region. Inflation was 3½ percent in July, reflecting higher energy and imported food prices. Structural reforms have continued after the expiration of the poverty reduction growth facility (PRGF) arrangement. The fiscal impact of the hurricane would be largely on the expenditure side.

Series:

Country Report No. 08/118

Subject:

English

Publication Date:

April 1, 2008

ISBN/ISSN:

9781451810981/1934-7685

Stock No:

1DMAEA2008001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

30

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